Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad STATEMENTS OF FINANCIAL POSITION As at 31 December 2019 72 Note 2019 2018 2019 2018 RM RM RM RM Assets Non-current assets Property, plant and equipment 12 203,004,568 229,495,364 - - Right-of-use assets 13 6,092,998 - - - Land held for development 19(a) 158,819,727 70,241,486 - - Investment properties 14 3,348,188 7,026,805 - - Other investments 15 75,000 75,000 - - Investments in subsidiaries 16 - - 267,773,995 229,318,796 Investment in joint ventures 17 18,239,878 18,612,461 - - 389,580,359 325,451,116 267,773,995 229,318,796 Current assets Properties held for sale 18 388,938 1,829,232 - - Development properties 19(b) 131,605,975 105,452,821 - - Inventories 20 79,997,689 122,239,665 - - Trade and other receivables 21 486,272,312 455,169,835 25,954,237 40,970,288 Prepayment 6,827,417 5,292,589 7,475 7,475 Contract assets 4(b) 386,551,692 346,132,879 - - Cash and bank balances 22 64,940,265 35,569,427 588,331 2,400,916 1,156,584,288 1,071,686,448 26,550,043 43,378,679 Total assets 1,546,164,647 1,397,137,564 294,324,038 272,697,475 Group Company