Ni Hsin Berhad Annual Report 2017

Group Company Note 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 Assets Property, plant and equipment 3 46,843 49,267 197 235 Investment property 6 1,279 1,306 1,279 1,306 Goodwill 4 5,105 5,105 - - Investments in subsidiaries 5 - - 59,455 59,455 Deferred tax assets 12 9 35 - - Total non-current assets 53,236 55,713 60,931 60,996 Inventories 7 20,191 18,639 - - Other investments 8 3,570 - 3,570 - Current tax assets 182 804 77 37 Trade and other receivables 9 3,953 5,575 310 81 Cash and cash equivalents 10 9,439 4,113 2,605 435 Total current assets 37,335 29,131 6,562 553 Total assets 90,571 84,844 67,493 61,549 Equity Share capital 53,980 47,671 53,980 47,671 Reserves 26,231 26,848 12,819 13,788 Equity attributable to owners of the Company 80,211 74,519 66,799 61,459 Non-controlling interest (93) (75) - - Total equity 11 80,118 74,444 66,799 61,459 Liabilities Deferred tax liabilities 12 3,639 3,810 - - Total non-current liabilities 3,639 3,810 - - Trade and other payables 14 6,814 6,336 694 90 Loans and borrowings 13 - 254 - - Total current liabilities 6,814 6,590 694 90 Total liabilities 10,453 10,400 694 90 Total equity and liabilities 90,571 84,844 67,493 61,549 The notes on pages 49 to 91 are an integral part of these financial statements. Statements of financial position as at 31 December 2017 Annual Report 2017 42