SCC Holdings Berhad Annual Report 2019

37 SCC Holdings Berhad | Annual Report 2019 Group Company 2019 2018 2019 2018 Note RM’000 RM’000 RM’000 RM’000 ASSETS Non-current Assets Property, plant and equipment 4 5,341 5,542 - - Right-of-use assets 5 814 - - - Investments in subsidiary companies 6 - - 16,343 16,300 Goodwill on consolidation 7 8 8 - - Investment securities 8 72 66 - - 6,235 5,616 16,343 16,300 Current Assets Inventories 9 10,858 7,948 - - Trade receivables 10 13,212 15,015 - - Other receivables 11 1,303 3,215 47 66 Amounts due from subsidiary companies 12 - - 7,466 6,632 Tax recoverable 67 126 14 35 Other investments 13 14,725 13,697 5,031 6,284 Cash and bank balances 5,764 6,769 429 678 45,929 46,770 12,987 13,695 Total Assets 52,164 52,386 29,330 29,995 EQUITY Share capital 14 24,079 24,079 24,079 24,079 Reserves 15 18,957 18,356 2,729 3,390 Total Equity 43,036 42,435 26,808 27,469 LIABILITIES Non-current Liabilities Lease liabilities 16 499 - - - Deferred tax liabilities 17 86 92 - - 585 92 - - Current Liabilities Trade payables 18 3,632 5,044 - - Other payables 19 3,870 3,787 2,522 2,526 Lease liabilities 16 355 - - - Bank borrowings 20 - 127 - - Tax payables 686 901 - - 8,543 9,859 2,522 2,526 Total Liabilities 9,128 9,951 2,522 2,526 Total Equity and Liabilities 52,164 52,386 29,330 29,995 statements of financial position as at 31 december 2019 The accompanying notes form an integral part of the financial statements.