Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 75 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2021 The Group The Company 2021 2020 2021 2020 Note RM RM RM RM ASSETS Non-Current Assets Property, plant and equipment 11 197,794,915 121,687,511 5,307 2,301 Right-of-use assets 12 24,471,107 17,309,864 - - Investments in subsidiaries 13 - - 148,572,993 144,332,559 Goodwill on consolidation 14 33,760,856 33,760,856 - - Deferred tax assets 15 1,909,744 2,602,639 - - Total Non-Current Assets 257,936,622 175,360,870 148,578,300 144,334,860 Current Assets Inventories 16 19,608,164 19,976,192 - - Trade receivables 17 115,599,901 103,137,347 - - Other receivables, deposits and prepaid expenses 17 10,123,616 7,531,333 69,142 25,467 Amount owing by subsidiaries 18 - - 4,175,000 28,788,798 Current tax assets - 75,147 - - Short-term investments 19 51,737,748 8,332,527 48,643,961 3,302,234 Fixed deposits with licensed banks 20 14,008,250 13,389,638 - - Cash and bank balances 249,621,250 290,468,269 9,837,068 6,834,025 Total Current Assets 460,698,929 442,910,453 62,725,171 38,950,524 Total Assets 718,635,551 618,271,323 211,303,471 183,285,384 The accompanying Notes form an integral part of these Financial Statements.
RkJQdWJsaXNoZXIy NDgzMzc=