Frontken Berhad Annual Report 2017

48 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2017 The Group The Company Note 2017 2016 2017 2016 RM RM RM RM EQUITY AND LIABILITIES Equity Share capital 20 118,925,352 105,343,513 118,925,352 105,343,513 Reserves 21 162,674,659 156,266,534 16,919,782 22,732,671 Equity attributable to owners of the company 281,600,011 261,610,047 135,845,134 128,076,184 Non-controlling interests 24,372,710 33,799,139 - - Total Equity 305,972,721 295,409,186 135,845,134 128,076,184 Non-Current Liabilities Term loans 22 11,546,695 20,260,384 - 2,037,776 Hire purchase payables 23 165,961 354,271 - - Other payables 24 3,225,327 3,134,277 - - Deferred tax liabilities 14 1,122,761 1,671,539 - - Total Non-Current Liabilities 16,060,744 25,420,471 - 2,037,776 Current Liabilities Trade payables 24 19,077,746 20,826,737 - - Other payables and accrued expenses 24 60,559,540 52,426,665 2,194,444 1,238,091 Amount owing to subsidiaries 18 - - 7,531,022 13,564,695 Bank overdrafts 25 5,181,941 - - - Bank borrowings 25 16,750,512 8,466,271 2,037,933 2,090,734 Hire purchase payables 23 182,250 249,222 - - Current tax liabilities 7,305,649 4,963,909 - - Total Current Liabilities 109,057,638 86,932,804 11,763,399 16,893,520 Total Liabilities 125,118,382 112,353,275 11,763,399 18,931,296 Total Equity and Liabilities 431,091,103 407,762,461 147,608,533 147,007,480 The accompanying Notes form an integral part of these Financial Statements. Statements Of Financial Position As Of 31 December 2017 (cont’d)