GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 71 STAT EMENTS OF F I NANC I A L POS I T I ON A s a t 3 1 D e c e m b e r 2 0 1 8 Group Company 2018 2017 2018 2017 Note RM RM RM RM ASSETS Non-current assets Property, plant and equipment 12 93,100,281 64,810,295 10,773,169 5,884,495 Intangible assets 13 1,697,229 1,929,163 187,937 181,448 Goodwill 14 168,638,985 105,629,787 - - Investments in subsidiaries 15 - - 88,182,870 22,471,518 Investments in joint ventures and an associate 16 225,873 181,221 - - Available-for-sale investments 17 - 8,000,000 - - Deferred tax assets 19 2,101,163 1,499,727 - - 265,763,531 182,050,193 99,143,976 28,537,461 Current assets Inventories 20 79,087,753 63,524,478 558,968 617,519 Trade and other receivables 21 138,462,805 68,942,613 30,342,643 46,388,584 Current tax assets 8,660,037 4,720,001 247,905 - Cash and bank balances 22 145,142,522 107,499,945 52,531,904 16,085,617 371,353,117 244,687,037 83,681,420 63,091,720 TOTAL ASSETS 637,116,648 426,737,230 182,825,396 91,629,181 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital 23 314,343,560 208,109,527 314,343,560 208,109,527 Treasury shares - (305,847) - (305,847) Reserves 24 (454,207) (3,919,382) 1,001,445 - Retained earnings/(Accumulated losses) 92,335,697 70,311,094 (139,679,890) (131,178,861) 406,225,050 274,195,392 175,665,115 76,624,819 Non-controlling interests 169,765 129,076 - - TOTAL EQUITY 406,394,815 274,324,468 175,665,115 76,624,819