SCC Holdings Berhad Annual Report 2018

SCC Holdings Berhad | Annual Report 2018 34. Group Company 2018 2017 2018 2017 Note RM’000 RM’000 RM’000 RM’000 ASSETS Non-current Assets Property, plant and equipment 4 5,542 4,896 - - Investments in subsidiary companies 5 - - 16,300 16,300 Goodwill on consolidation 6 8 8 - - Investment securities 7 66 68 - - 5,616 4,972 16,300 16,300 Current Assets Inventories 8 7,948 6,841 - - Trade receivables 9 15,015 15,402 - - Other receivables 10 3,215 605 66 2 Amounts due from subsidiary companies 11 - - 6,632 6,267 Tax recoverable 126 107 35 28 Other investments 12 13,697 14,324 6,284 6,626 Cash and bank balances 6,769 6,443 678 895 46,770 43,722 13,695 13,818 Total Assets 52,386 48,694 29,995 30,118 EQUITY Share capital 13 24,079 24,079 24,079 24,079 Reserves 14 18,356 16,051 3,390 3,435 Total Equity 42,435 40,130 27,469 27,514 LIABILITIES Non-current Liability Deferred tax liabilities 16 92 200 - - 92 200 - - Current Liabilities Trade payables 17 5,044 3,731 - - Other payables 18 3,787 3,757 2,526 2,604 Finance lease liabilities 15 - 25 - - Bank borrowings 19 127 276 - - Tax payables 901 575 - - 9,859 8,364 2,526 2,604 Total Liabilities 9,951 8,564 2,526 2,604 Total Equity and Liabilities 52,386 48,694 29,995 30,118 STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 DECEMBER 2018 The accompanying notes form an integral part of the financial statements.