Excel Force MSC Berhad Annual Report 2016

EXCEL FORCE MSC BERHAD ANNUAL REPORT 2016 47 Group Company 2016 2015 2016 2015 Note RM RM RM RM EQUITY AND LIABILITIES (cont’d) Non-current liabilities Borrowings 17 4,240,002 5,221,110 4,240,002 5,221,110 Deferred tax liabilities 20 63,013 76,671 63,013 76,671 Total non-current liabilities 4,303,015 5,297,781 4,303,015 5,297,781 Current liabilities Trade and other payables 19 2,291,183 3,577,383 1,636,358 2,213,815 Borrowings 17 981,108 981,108 981,108 981,108 Current tax liabilities 60,867 705,142 60,867 705,142 Total current liabilities 3,333,158 5,263,633 2,678,333 3,900,065 TOTAL LIABILITIES 7,636,173 10,561,414 6,981,348 9,197,846 TOTAL EQUITY AND LIABILITIES 53,056,527 55,007,904 52,796,642 53,230,867 Statements of Financial Position as at 31 December 2016 (cont’d) The accompanying notes form an integral part of the financial statements.