Frontken Berhad Annual Report 2017

47 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2017 The Group The Company Note 2017 2016 2017 2016 RM RM RM RM ASSETS Non-Current Assets Property, plant and equipment 10 150,045,683 152,066,439 33,024 53,861 Investments in subsidiaries 11 - - 133,786,626 120,512,699 Investment in an associate 12 1,962,919 1,998,506 - - Goodwill on consolidation 13 33,760,856 33,760,856 - - Deferred tax assets 14 1,681,320 1,602,804 - - Fixed deposits with licensed banks 15 1,255,726 1,146,156 - - Total Non-Current Assets 188,706,504 190,574,761 133,819,650 120,566,560 Current Assets Inventories 16 13,474,892 10,976,127 - - Trade receivables 17 91,714,963 96,146,591 - - Other receivables, deposits and prepaid expenses 17 5,302,620 5,052,186 48,221 62,218 Amount owing by subsidiaries 18 - - 2,878,962 9,921,898 Amount owing by an associate 12 1,333,852 1,362,971 - - Current tax assets 1,243,058 1,182,201 - - Short-term investments 19 3,508,429 8,996,233 2,108,006 5,390,526 Fixed deposits with licensed banks 15 6,493,207 4,725,879 1,104,683 1,072,697 Cash and bank balances 119,313,578 88,745,512 7,649,011 9,993,581 Total Current Assets 242,384,599 217,187,700 13,788,883 26,440,920 Total Assets 431,091,103 407,762,461 147,608,533 147,007,480 The accompanying Notes form an integral part of these Financial Statements. Statements Of Financial Position As Of 31 December 2017