Datasonic Group Berhad Annual Report 2020

DATASONIC GROUP BERHAD I ANNUAL REPORT 2020 (Registration No. 200801008472 (809759-X)) 104 STATEMENTS OF FINANCIAL POSITION AT 31 MARCH 2020 Group Company 2020 2019 2020 2019 Note RM’000 RM’000 RM’000 RM’000 ASSETS NON-CURRENT ASSETS Property, plant and equipment 5 138,255 177,575 7,675 17,830 Right-of-use assets 6 29,859 – 9,885 – Investments in subsidiaries 7 – – 91,111 90,910 Investment in associates 8 – – 90 90 Other investment 9 110 110 – – Goodwill 10 4,162 4,153 – – Development expenditure 11 23,614 31,111 – – Trade receivables 12 5,533 6,162 – – 201,533 219,111 108,761 108,830 CURRENT ASSETS Projects-in-progress 13 2,170 3,161 – – Inventories 14 43,313 49,431 – – Trade receivables 12 82,445 119,293 – – Other receivables, deposits  and prepayments 15 9,664 14,418 652 552 Amounts owing by subsidiaries 16 – – 38,775 77,924 Tax recoverable 2,585 4,806 – 385 Short-term investments 17 27,409 3,716 7,597 3,716 Deposits with licensed banks 18 6,117 6,462 – – Cash and bank balances 18 12,854 26,935 1,318 12,674 186,557 228,222 48,342 95,251 TOTAL ASSETS 388,090 447,333 157,103 204,081 The annexed notes form an integral part of these financial statements.