EXCEL FORCE MSC BERHAD Annual Report 2017

47 Group Company 2017 2016 2017 2016 Note RM RM RM RM Assets Non-Current Assets Property, plant and equipment 4 3,392,984 15,907,287 3,375,757 15,870,925 Product development costs 5 10,431,178 9,832,069 8,809,414 7,921,396 Intangible assets 6 - - - - Investment in subsidiary companies 7 - - 500,003 - Amount due from a subsidiary company 8 - - 1,012,420 1,312,680 13,824,162 25,739,356 13,697,594 25,105,001 Current Assets Inventories 9 25,860 26,349 25,860 26,349 Trade receivables 10 3,150,120 3,282,981 2,732,671 3,058,626 Other receivables 11 2,522,198 678,879 2,497,547 663,093 Tax recoverable 400 - - - Amount due from a subsidiary company 8 - - 323,257 728,225 Cash and bank balances and short term funds 12 21,541,617 23,328,962 21,369,345 23,215,348 27,240,195 27,317,171 26,948,680 27,691,641 Assets held for sale 13 13,381,204 - 13,381,204 - 40,621,399 27,317,171 40,329,884 27,691,641 Total Assets 54,445,561 53,056,527 54,027,478 52,796,642 Statements Of Financial Position As At 31 December 2017