Wah Seong Corporation Berhad Annual Report 2020

87 ANNUAL REPORT 2020 Group Company Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 EQUITY AND LIABILITIES CAPITAL AND RESERVES ATTRIBUTABLE TO OWNERS OF THE COMPANY Share capital 24 547,690 547,690 547,690 547,690 Treasury shares 25 (624) (4,779) (624) (4,779) Exchange translation reserves 14,296 (4,595) - - Retained profits 142,363 441,630 135,431 241,338 703,725 979,946 682,497 784,249 Non-controlling interests 49,838 61,252 - - TOTAL EQUITY 753,563 1,041,198 682,497 784,249 NON-CURRENT AND DEFERRED LIABILITIES Deferred tax liabilities 8 9,746 11,915 - - Lease liabilities 5(b) 197,728 220,717 - - Trade and other payables 26 26,789 7,674 - - Loans and borrowings 27 103,106 217,959 - - 337,369 458,265 - - CURRENT LIABILITIES Lease liabilities 5(b) 12,657 14,047 - - Contract liabilities 13 70,645 62,916 - - Trade and other payables 26 246,245 291,746 15,921 14,997 Provision for warranties 28 9,844 9,061 - - Amounts owing to subsidiaries 17(b) - - 17,216 20,592 Amounts owing to associates 18(b) 1,560 33 - - Amounts owing to joint ventures 19(b) 5,139 5,546 - - Loans and borrowings 27 774,950 730,136 126,759 152,217 Dividend payable 22,109 21,904 - - Current tax liabilities 33,642 28,638 966 477 Derivative financial liabilities 20 99 1,860 - - 1,176,890 1,165,887 160,862 188,283 TOTAL LIABILITIES 1,514,259 1,624,152 160,862 188,283 TOTAL EQUITY AND LIABILITIES 2,267,822 2,665,350 843,359 972,532 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2020