Sasbadi Annual Report 2019

PAGE 55 ANNUAL REPORT 2019 FINANCIAL STATEMENTS (continued) Statements of financial position as at 31 August 2019 Group Company Note 31.8.2019 31.8.2018 1.9.2017 31.8.2019 31.8.2018 RM’000 RM’000 RM’000 RM’000 RM’000 Restated Restated Assets Property, plant and equipment 3 52,238 53,941 44,306 - - Investment properties 4 2,480 2,532 2,584 - - Intangible assets 5 25,056 26,075 26,217 - - Investments in subsidiaries 6 - - - 93,008 93,008 Other investments 7 265 246 371 - - Deferred tax assets 8 1,426 1,709 1,856 - - Total non-current assets 81,465 84,503 75,334 93,008 93,008 Inventories 9 73,446 73,462 65,188 - - Right to recover returned goods 10 2,035 1,257 1,384 - - Current tax assets 2,945 3,897 2,805 4 17 Contract costs 11 381 1,032 1,004 - - Trade and other receivables 12 49,482 56,032 54,122 23,101 16,028 Prepayments 4,271 3,371 2,888 9 9 Cash and cash equivalents 13 7,443 6,164 10,246 24 22 Total current assets 140,003 145,215 137,637 23,138 16,076 Total assets 221,468 229,718 212,971 116,146 109,084 Equity Share capital 108,210 108,210 108,210 108,210 108,210 Reserves 46,732 46,529 35,631 676 502 Total equity 14 154,942 154,739 143,841 108,886 108,712 Liabilities Loans and borrowings 15 13,033 16,558 20,429 - - Deferred tax liabilities 8 8,275 7,941 6,463 - - Total non-current liabilities 21,308 24,499 26,892 - - Loans and borrowings 15 22,327 26,097 16,267 - - Refund liabilities 10 3,851 2,349 2,587 - - Trade and other payables 16 17,484 18,992 20,351 7,260 372 Contract liabilities 11 1,239 3,042 3,033 - - Current tax liabilities 317 - - - - Total current liabilities 45,218 50,480 42,238 7,260 372 Total liabilities 66,526 74,979 69,130 7,260 372 Total equity and liabilities 221,468 229,718 212,971 116,146 109,084 The notes on pages 63 to 146 are an integral part of these financial statements.