MSM Malaysia Holdings Berhad Annual Report 2019

STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Group Company Note 31.12.2019 31.12.2018 1.1.2018 31.12.2019 31.12.2018 1.1.2018 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 (Restated) (Restated) (Restated) (Restated) ASSETS Non-current assets Property, plant and equipment 17 1,295,432 1,559,752 1,270,672 2,249 2,841 4,047 Right-of-use assets 18 96,174 190,214 194,900 2,435 3,270 4,105 Intangible assets 19 630,759 640,160 644,572 3,661 5,948 4,965 Investments in subsidiaries 20 - - - 1,328,600 1,666,272 2,057,406 Loans due from subsidiaries 21 - - - 955,461 1,019,033 618,058 Receivables 23 301 2,979 5,054 - - - Derivative financial instruments 27 - 561 717 - 561 717 Amount due from a related company 25 - 1,372 4,245 - - - Deferred tax assets 32 - - - 69 143 - Lease receivables 22 - - - 84,972 86,072 86,800 2,022,666 2,395,038 2,120,160 2,377,447 2,784,140 2,776,098 Current assets Inventories 24 319,252 679,046 732,242 - - - Receivables 23 290,272 313,188 318,353 887 1,143 3,814 Tax recoverable 9,738 29,722 36,032 - 4,165 7,105 Amounts due from subsidiaries 25 - - - 8,042 25,101 25,984 Amounts due from other related companies 25 6,846 44,056 31,485 143 145 2,202 Amount due from ultimate holding company 25 1,443 702 605 - - - Loans due from subsidiaries 21 - - - 104,237 64,956 153,130 Lease receivables 22 - - - 2,167 1,796 1,056 Derivative financial instruments 27 2,466 - 3,147 - - - Deposits, cash and bank balances 28 170,536 191,563 170,527 34,353 116,398 41,617 800,553 1,258,277 1,292,391 149,829 213,704 234,908 Assets held for sale 29 157,547 2,027 - - - - Total assets 2,980,766 3,655,342 3,412,551 2,527,276 2,997,844 3,011,006 MSM Malaysia Holdings Berhad | Annual Report 2019 118