Frontken Berhad Annual Report 2020

Annual Report 2020 60 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) The Group The Company 2020 2019 2020 2019 Note RM RM RM RM EQUITY AND LIABILITIES Equity Share capital 21 118,925,352 118,925,352 118,925,352 118,925,352 Treasury shares 22 (663,237) (663,237) (663,237) (663,237) Reserves 23 321,732,849 258,709,709 60,582,527 29,738,270 Equity attributable to owners of the company 439,994,964 376,971,824 178,844,642 148,000,385 Non-controlling interests 13 27,039,261 21,776,257 – – Total Equity 467,034,225 398,748,081 178,844,642 148,000,385 Non-Current Liabilities Lease liabilities 24 9,532,412 11,930,743 – – Other payables 25 2,845,851 2,714,783 – – Deferred tax liabilities 15 447,902 407,841 – – Total Non-Current Liabilities 12,826,165 15,053,367 – – Current Liabilities Trade payables 25 18,830,813 16,889,347 – – Other payables and accrued expenses 25 99,155,375 67,123,212 4,440,742 3,888,523 Amount owing to subsidiaries 18 – – – 3,431,325 Term loans 26 – 843,865 – – Lease liabilities 24 2,795,816 3,033,211 – 97,272 Current tax liabilities 17,628,929 14,034,144 – – Total Current Liabilities 138,410,933 101,923,779 4,440,742 7,417,120 Total Liabilities 151,237,098 116,977,146 4,440,742 7,417,120 Total Equity and Liabilities 618,271,323 515,725,227 183,285,384 155,417,505 The accompanying Notes form an integral part of these Financial Statements. Statements of Financial Position as at 31 December 2020 (cont’d)