Wah Seong Corporation Berhad Annual Report 2021 96 Group Company Note 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 NON-CURRENT ASSETS Property, plant and equipment 4 434,774 423,825 1,766 1,881 Right-of-use assets 5(a) 262,891 242,904 - - Investment properties 6 5,600 9,324 22,245 22,519 Goodwill and other intangible assets 7 146,337 142,336 - - Deferred tax assets 8 37,447 35,364 3,942 3,605 Investment in subsidiaries 9 - - 768,425 782,597 Investment in associates 10 181,598 231,133 - - Investment in joint ventures 11 53,938 81,083 - - Trade and other receivables 16 4,971 - - - Amounts owing by associates 18(a) 20,276 - - - Amounts owing by joint ventures 19(a) 28,910 26,240 - - Contract assets 13 44,330 74,242 - - Investment in equity instruments 14 - 5 - - 1,221,072 1,266,456 796,378 810,602 CURRENT ASSETS Inventories 15 177,962 195,665 - - Contract assets 13 198,149 149,441 - - Trade and other receivables 16 340,803 359,553 699 768 Amounts owing by subsidiaries 17(a) - - 25,678 25,269 Amounts owing by associates 18(a) 48 17,480 16 - Amounts owing by joint ventures 19(a) 180 186 - - Finance lease receivables 12 - 5,397 - - Tax recoverable 6,210 4,879 287 - Derivative financial assets 20 135 2,256 - - Time deposits 21 105,920 83,883 7,453 5,948 Cash and bank balances 22 136,053 155,647 1,054 772 965,460 974,387 35,187 32,757 Assets classified as held for sale 23 44,909 26,979 - - TOTAL ASSETS 2,231,441 2,267,822 831,565 843,359 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2021
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