MISC Annual Report 2017

169 Financial Statements STATEMENTS OF FINANCIAL POSITION As at 31 December 2017 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. Corporation Note 2017 2016 RM'000 RM'000 Non-current assets Ships 12 4,917,197 6,046,141 Other property and equipment 12 93,701 95,069 Prepaid lease payments on land and buildings 13 3,775 4,305 Investments in subsidiaries 15 15,858,081 18,915,174 Investments in associates 16 122 135 Investments in joint ventures 17 258,390 305,828 Other non-current financial assets 18(a) 2,031,343 4,877,570 Finance lease assets under construction 19 688,489 1,417,983 23,851,098 31,662,205 Current assets Inventories 20 21,315 25,583 Trade and other receivables 21 3,528,387 2,862,005 Cash, deposits and bank balances 23 2,577,773 3,468,856 6,127,475 6,356,444 Non-current asset classified as held for sale 24 40,595 - 6,168,070 6,356,444 Current liabilities Trade and other payables 25 1,144,646 1,668,333 Interest-bearing loans and borrowings 18(c) 2,275,362 2,804,497 3,420,008 4,472,830 Net current assets 2,748,062 1,883,614 26,599,160 33,545,819 Equity Equity attributable to equity holders of the Corporation Share capital 26(a) 8,923,262 4,463,794 Share premium 26(a) - 4,459,468 Other reserves 27 1,981,759 6,095,963 Retained profits 10,744,934 10,911,539 21,649,955 25,930,764 Non-current liabilities Interest-bearing loans and borrowings 18(c) 4,949,205 6,933,229 Provisions 25(c) - 681,826 4,949,205 7,615,055 26,599,160 33,545,819