Yinson Annual Report 2018

Notes to the Financial Statements (Cont’d) For the financial year ended 31 January 2018 25. OTHER ASSETS Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Current: Prepayments 137,570 45,770 2,257 1,531 Non-current: Prepayments 15,165 – – – 152,735 45,770 2,257 1,531 Prepayments mainly comprise of project development costs related to secured projects and bid tenders which are still in progress. 26. CASH AND BANK BALANCES Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Cash on hand and at banks 394,754 485,143 4,747 4,928 Short term investment 348 337 348 337 Deposits with licensed banks 242,018 148,442 1,972 2,225 Cash and bank balances 637,120 633,922 7,067 7,490 For the purpose of the statements of cash flows, cash and cash equivalents at the reporting dates comprise of the following: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Cash and bank balances 637,120 633,922 7,067 7,490 Bank overdrafts (Note 32) – (8,626) – – 637,120 625,296 7,067 7,490 Less: Deposits pledged with banks (280,525) (120,378) (1,972) (2,225) Bank balance in Escrow account (64,952) – – – Short term investment (348) (337) (348) (337) Cash and cash equivalents 291,295 504,581 4,747 4,928 160 Yinson Holdings Berhad Annual Report 2018 Accountability