SCC Holdings Berhad Annual Report 2017

SCC Holdings Berhad (511477-A) | Annual Report 2017 31 Group Company 2017 2016 2017 2016 Note RM’000 RM’000 RM’000 RM’000 ASSETS Non-Current Assets Property, plant and equipment 4 4,896 5,439 - - Investments in subsidiary companies 5 - - 16,300 16,300 Goodwill on consolidation 6 8 8 - - Investment securities 7 68 54 - - 4,972 5,501 16,300 16,300 Current Assets Inventories 8 6,841 8,326 - - Trade receivables 9 15,402 13,091 - - Other receivables 10 605 641 2 7 Amounts due from subsidiary companies 11 - - 6,267 6,232 Tax recoverable 107 561 28 57 Other investments 12 14,324 14,490 6,626 4,972 Cash and bank balances 6,443 5,000 895 1,759 43,722 42,109 13,818 13,027 Total Assets 48,694 47,610 30,118 29,327 EQUITY Share capital 13 24,079 21,388 24,079 21,388 Reserves 14 16,051 17,080 3,435 5,586 Total Equity 40,130 38,468 27,514 26,974 LIABILITIES Non-Current Liabilities Finance lease liabilities 15 - 25 - - Deferred tax liabilities 16 200 77 - - 200 102 - - Current Liabilities Trade payables 17 3,731 4,922 - - Other payables 18 3,757 3,594 2,604 2,353 Finance lease liabilities 15 25 67 - - Bank borrowings 19 276 71 - - Tax payables 575 386 - - 8,364 9,040 2,604 2,353 Total Liabilities 8,564 9,142 2,604 2,353 Total Equity and Liabilities 48,694 47,610 30,118 29,327 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2017 The accompanying notes form an integral part of these financial statements.