Wah Seong Corporation Berhad Annual Report 2018

Group Company Note 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 NON-CURRENT ASSETS Property, plant and equipment 4 831,587 965,096 1,890 4,040 Prepaid lease payments 5 89,256 90,584 - - Investment properties 6 16,621 9,340 23,065 21,287 Investment in subsidiaries 7 - - 763,597 722,201 Investment in associates 8 182,029 185,223 - - Investment in joint ventures 9 126,368 146,446 - - Finance lease receivables 10 18,042 - - - Investment in equity instruments 11 6 - - - Available-for-sale financial assets 11 - 10 - - Goodwill and other intangible assets 13 145,404 143,390 - - Deferred tax assets 14 43,344 41,724 2,423 2,062 1,452,657 1,581,813 790,975 749,590 CURRENT ASSETS Inventories 15 324,666 290,159 - - Contract assets 16 95,869 - - - Amounts due from customers on contracts 17 - 52,467 - - Trade and other receivables 18 560,707 843,136 12,989 14,418 Amounts owing by subsidiaries 19(a) - - 163,851 149,871 Amounts owing by associates 20(a) 11,617 12,722 20 13 Amounts owing by joint ventures 21(a) 55,471 55,417 - 23 Finance lease receivables 10 14,380 - - - Tax recoverable 15,479 15,418 303 - Derivative financial assets 12 146 94 - - Time deposits 22 76,373 111,396 9,109 20,972 Cash and bank balances 23 156,363 189,612 854 2,221 1,311,071 1,570,421 187,126 187,518 Assets classified as held for sale 24 2,207 18,143 - - TOTAL ASSETS 2,765,935 3,170,377 978,101 937,108 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2018 ANNUAL REPORT 2018 79