EXCEL FORCE MSC BERHAD Annual Report 2018

49 ANNUAL REPORT 2018 Group Company 2018 2017 2018 2017 Note RM RM RM RM Equity and Liabilities Equity Share capital 15 20,998,365 20,743,365 20,998,365 20,743,365 Reserves 16 26,203,684 25,828,596 26,302,567 26,124,151 Total Equity 47,202,049 46,571,961 47,300,932 46,867,516 Non-Current Liabilities Loan and borrowing 17 - 3,258,894 - 3,258,894 Deferred tax liabilities 18 - 37,042 - 37,042 - 3,295,936 - 3,295,936 Current Liabilities Trade payables 19 265,867 337,160 241,681 313,840 Other payables 20 10,184,788 2,205,476 10,105,531 2,148,512 Contract liabilities 21 1,069,955 804,039 381,124 170,685 Loan and borrowing 17 - 981,108 - 981,108 Tax payable - 249,881 - 249,881 11,520,610 4,577,664 10,728,336 3,864,026 Total Liabilities 11,520,610 7,873,600 10,728,336 7,159,962 Total Equity and Liabilities 58,722,659 54,445,561 58,029,268 54,027,478 The accompanying notes form an integral part of the financial statements. Statements Of Financial Position As At 31 December 2018 (cont’d)