GHL System Berhad Annual Report 2020

78 G H L S y s t e m S B e r h a d 1 9 9 4 0 1 0 0 7 3 6 1 ( 2 9 3 0 4 0 - D ) Group Company 2020 2019 2020 2019 Note RM RM RM RM ASSETS Non-current assets Property, plant and equipment 12 99,599,168 106,322,646 12,361,620 13,311,138 Intangible assets 14 1,168,738 1,433,409 136,292 162,540 Goodwill 15 168,638,985 179,971,237 - - Investments in subsidiaries 16 - - 134,956,491 124,382,554 Investments in joint ventures and an associate 17 - 306,557 - - Trade and other receivables 20 415,795 - - - Deferred tax assets 18 2,954,710 3,749,323 - - 272,777,396 291,783,172 147,454,403 137,856,232 Current assets Inventories 19 59,872,059 63,895,465 103,399 55,519 Trade and other receivables 20 137,939,825 111,172,041 24,286,594 25,711,738 Current tax assets 2,198,181 4,472,921 52,178 354,430 Other investments 21 64,809,567 53,270,574 60,016,520 42,164,039 Cash and bank balances 22 148,893,921 138,627,060 5,466,566 3,128,665 413,713,553 371,438,061 89,925,257 71,414,391 TOTAL ASSETS 686,490,949 663,221,233 237,379,660 209,270,623 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital 23 351,485,304 330,199,925 351,485,304 330,199,925 Reserves 24 (3,515,190) (8,639,050) (2,001,004) (8,958,983) Retained earnings / (Accumulated losses) 133,787,535 120,889,096 (116,648,692) (121,130,195) 481,757,649 442,449,971 232,835,608 200,110,747 Non-controlling interests 183,588 6,413,004 - - TOTAL EQUITY 481,941,237 448,862,975 232,835,608 200,110,747 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2020