Ni Hsin Berhad Annual Report 2018

Group Company Note 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Assets Property, plant and equipment 3 46,251 46,843 - 197 Investment property 4 1,252 1,279 1,252 1,279 Goodwill 5 5,105 5,105 - - Investments in subsidiaries 6 - - 56,539 59,455 Deferred tax assets 7 - 9 - - Total non-current assets 52,608 53,236 57,791 60,931 Inventories 8 20,608 20,191 - - Other investments 9 11,967 3,570 11,967 3,570 Current tax assets 636 182 123 77 Trade and other receivables 10 4,679 3,953 62 310 Cash and cash equivalents 11 12,888 9,439 10,032 2,605 Total current assets 50,778 37,335 22,184 6,562 Total assets 103,386 90,571 79,975 67,493 Equity Share capital 12 66,123 53,980 66,123 53,980 Reserves 12 26,614 26,231 13,781 12,819 Equity attributable to owners of the Company 92,737 80,211 79,904 66,799 Non-controlling interest - (93) - - Total equity 92,737 80,118 79,904 66,799 Liabilities Loans and borrowings 13 269 - - - Deferred tax liabilities 7 3,835 3,639 - - Total non-current liabilities 4,104 3,639 - - Trade and other payables 14 5,059 6,814 71 694 Loans and borrowings 13 1,486 - - - Total current liabilities 6,545 6,814 71 694 Total liabilities 10,649 10,453 71 694 Total equity and liabilities 103,386 90,571 79,975 67,493 The notes on pages 49 to 99 are an integral part of these financial statements. Statements of financial position as at 31 December 2018 Annual Report 2018 42