Excel Force MSC Berhad Annual Report 2016

EXCEL FORCE MSC BERHAD ANNUAL REPORT 2016 46 Statements of Financial Position as at 31 December 2016 Group Company 2016 2015 2016 2015 Note RM RM RM RM ASSETS Non-current assets Property, plant and equipment 7 15,907,287 17,256,525 15,870,925 17,029,506 Product development costs 8 9,832,069 10,025,948 7,921,396 7,250,479 Goodwill on consolidation 9 - 32,528 - - Other intangible assets 10 - - - - Investments in subsidiaries 11 - - - 436,000 Trade and other receivables 12 - - 1,312,680 1,798,436 Total non-current assets 25,739,356 27,315,001 25,105,001 26,514,421 Current assets Inventories 13 26,349 79,497 26,349 79,497 Trade and other receivables 12 3,961,860 7,911,580 4,449,944 8,053,756 Cash and bank balances and short term funds 14 23,328,962 19,701,826 23,215,348 18,583,193 Total current assets 27,317,171 27,692,903 27,691,641 26,716,446 TOTAL ASSETS 53,056,527 55,007,904 52,796,642 53,230,867 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital 15 20,686,597 20,676,810 20,686,597 20,676,810 Reserves 16 24,814,501 23,263,333 25,128,697 23,356,211 45,501,098 43,940,143 45,815,294 44,033,021 Non-controlling interests 11(c) (80,744) 506,347 - - TOTAL EQUITY 45,420,354 44,446,490 45,815,294 44,033,021