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FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT
2015
The Group
The Company
Note
2015
2014
2015
2014
RM
RM
RM
RM
ASSETS
Non-Current Assets
Property, plant and equipment
10
135,666,676
135,551,006
74,979
95,946
Investments in subsidiaries
11
-
-
87,675,923
83,423,063
Investments in an associate
12
2,009,434
1,732,711
-
-
Goodwill on consolidation
13
33,760,856
33,760,856
-
-
Deferred tax assets
14
1,405,844
1,062,816
-
-
Fixed deposits with licensed banks
15
-
911,587
-
-
Total Non-Current Assets
172,842,810
173,018,976
87,750,902
83,519,009
Current Assets
Inventories
16
11,793,447
10,272,374
-
-
Amount owing by a contract customer
17
-
1,837,000
-
-
Trade receivables
18
87,029,619
101,841,731
-
-
Other receivables, deposits and
prepaid expenses
18
6,124,000
5,284,164
38,662
64,296
Amount owing by subsidiaries
19
-
-
39,334,680
44,137,370
Amount owing by associates
12
1,330,140
1,183,762
-
-
Tax recoverable
965,150
-
-
-
Fixed deposits with licensed banks
15
15,310,588
11,368,846
3,040,444
8,008,049
Cash and bank balances
94,486,988
51,575,148
14,460,511
3,394,285
Total Current Assets
217,039,932
183,363,025
56,874,297
55,604,000
Total Assets
389,882,742
356,382,001
144,625,199
139,123,009
The accompanying Notes form an integral part of these Financial Statements.
STATEMENTS OF FINANCIAL POSITION
AS OF 31 DECEMBER 2015