PRG Holdings Berhad Annual Report 2018

5. ADOPTION OF NEW MFRSs AND AMENDMENTS TO MFRSs (continued) 5.2 Explanation of transition to MFRSs (continued) (c) Reconciliation of financial position and equity of the Company Previously Restated Company reported Effects of under under FRSs MFRS 9 MFRSs 1 January 2017 RM’000 RM’000 RM’000 Non-current assets Property, plant and equipment 307 - 307 Investments in subsidiaries 53,744 - 53,744 Trade and other receivables 40,603 (91) 40,512 94,654 (91) 94,563 Current assets Trade and other receivables 15,464 (11) 15,453 Current tax assets 5 - 5 Cash and bank balances 224 - 224 15,693 (11) 15,682 Total assets 110,347 (102) 110,245 Equity Share capital 74,555 - 74,555 Treasury shares (87) - (87) Reserves 31,453 (102) 31,351 Total equity 105,921 (102) 105,819 Non-current liabilities Borrowings 183 - 183 Current liabilities Borrowings 272 - 272 Trade and other payables 3,971 - 3,971 4,243 - 4,243 Total liabilities 4,426 - 4,426 Total equity and liabilities 110,347 (102) 110,245 2018 A N N U A L R E P O R T 102 notes to the financial statements 31 December 2018 (continued)