Group Company 2023 2022 2023 2022 Note RM RM RM RM LIABILITIES Non-current liabilities Borrowings 25 9,495,189 9,415,578 2,535,114 4,221,309 Lease liabilities 13 2,272,113 2,654,196 78,251 151,633 Employee benefits obligations 27 2,069,947 1,412,239 - - Contract liabilities 28 700,393 14,047 - - Deferred tax liabilities 18 6,548,555 7,885,808 - 92,910 21,086,197 21,381,868 2,613,365 4,465,852 Current liabilities Borrowings 25 29,411,001 7,364,928 15,101,208 1,621,629 Lease liabilities 13 1,269,999 1,221,888 82,994 88,491 Trade and other payables 26 251,692,986 228,894,567 3,732,031 3,515,134 Contract liabilities 28 5,196,945 5,135,829 315,527 513,719 Current tax liabilities 2,268,916 3,259,229 101,000 - 289,839,847 245,876,441 19,332,760 5,738,973 TOTAL LIABILITIES 310,926,044 267,258,309 21,946,125 10,204,825 TOTAL EQUITY AND LIABILITIES 855,911,486 779,084,833 306,539,455 272,268,649 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2023 CONT’D The accompanying notes form an integral part of the financial statements. 84 GHL SYSTEMS BERHAD 199401007361 (293040-D)
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