Frontken Berhad Annual Report 2019

52 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2019 The Group The Company Note 2019 2018 2019 2018 RM RM RM RM EQUITY AND LIABILITIES Equity Share capital 22 118,925,352 118,925,352 118,925,352 118,925,352 Treasury shares 23 (663,237) (663,237) (663,237) (663,237) Reserves 24 258,709,709 206,778,415 29,738,270 25,329,435 Equity attributable to owners of the company 376,971,824 325,040,530 148,000,385 143,591,550 Non-controlling interests 21,776,257 19,603,901 - - Total Equity 398,748,081 344,644,431 148,000,385 143,591,550 Non-Current Liabilities Term loans 25 - 7,533,055 - - Hire purchase payables 26 - 1,341,277 - - Lease liabilities 27 11,930,743 - - - Other payables 28 2,714,783 2,792,672 - - Deferred tax liabilities 16 407,841 680,550 - - Total Non-Current Liabilities 15,053,367 12,347,554 - - Current Liabilities Trade payables 28 16,889,347 18,117,811 - - Other payables and accrued expenses 28 67,123,212 63,466,967 3,888,523 3,385,377 Amount owing to subsidiaries 20 - - 3,431,325 8,321,259 Term loans 25 843,865 3,914,913 - - Hire purchase payables 26 - 862,253 - - Lease liabilities 27 3,033,211 - 97,272 - Current tax liabilities 14,034,144 11,706,505 - - Total Current Liabilities 101,923,779 98,068,449 7,417,120 11,706,636 Total Liabilities 116,977,146 110,416,003 7,417,120 11,706,636 Total Equity and Liabilities 515,725,227 455,060,434 155,417,505 155,298,186 The accompanying Notes form an integral part of these Financial Statements. Statements Of Financial Position At 31 December 2019 (cont’d)