Wah Seong Corporation Berhad Annual Report 2019

84 WAH SEONG CORPORATION BERHAD Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 EQUITY AND LIABILITIES CAPITAL AND RESERVES ATTRIBUTABLE TO OWNERS OF THE COMPANY Share capital 25 547,690 547,690 547,690 547,690 Treasury shares 26 (4,779) (4,779) (4,779) (4,779) Exchange translation reserves (4,595) (4,679) - - Retained profits 441,630 417,494 241,338 244,124 979,946 955,726 784,249 787,035 Non-controlling interests 61,252 81,118 - - TOTAL EQUITY 1,041,198 1,036,844 784,249 787,035 NON-CURRENT AND DEFERRED LIABILITIES Deferred tax liabilities 9 11,915 13,804 - - Lease liabilities 5(b) 220,717 - - - Trade and other payables 27 7,674 6,294 - - Loans and borrowings 28 217,959 129,410 - - 458,265 149,508 - - CURRENT LIABILITIES Lease liabilities 5(b) 14,047 - - - Contract liabilities 14 62,916 52,792 - - Trade and other payables 27 291,746 726,350 14,997 14,258 Provision for warranties 29 9,061 8,895 - - Amounts owing to subsidiaries 18(b) - - 20,592 6,797 Amounts owing to associates 19(b) 33 - - - Amounts owing to joint ventures 20(b) 5,546 3,959 - - Loans and borrowings 28 730,136 718,215 152,217 170,011 Dividend payable 21,904 14,004 - - Current tax liabilities 28,638 55,368 477 - Derivative financial liabilities 21 1,860 - - - 1,165,887 1,579,583 188,283 191,066 TOTAL LIABILITIES 1,624,152 1,729,091 188,283 191,066 TOTAL EQUITY AND LIABILITIES 2,665,350 2,765,935 972,532 978,101 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2019