GHL System Berhad Annual Report 2017

ANNUAL REPORT 2017 69 Group Company 2017 2016 2017 2016 Note RM RM RM RM LIABILITIES Non-current liabilities Borrowings 23 17,232,382 17,680,215 229,981 3,717 Deferred tax liabilities 17 2,270,995 2,134,975 136,020 - Deferred income 25 - - - - 19,503,377 19,815,190 366,001 3,717 Current liabilities Borrowings 23 16,953,857 20,443,509 66,658 98,652 Deferred income 25 833,005 619,469 833,005 239,680 Trade and other payables 26 113,043,485 95,838,711 13,542,407 15,651,956 Current tax liabilities 2,079,038 1,281,188 196,291 159,284 132,909,385 118,182,877 14,638,361 16,149,572 TOTAL LIABILITIES 152,412,762 137,998,067 15,004,362 16,153,289 TOTAL EQUITY AND LIABILITIES 426,737,230 397,218,883 91,629,181 91,714,267 STATEMENTS OF FINANCIAL POSITION as at 31 December 2017 CONT’D The accompanying notes form an integral part of the financial statements.