EXCEL FORCE MSC BERHAD Annual Report 2018

48 ANNUAL REPORT 2018 Group Company 2018 2017 2018 2017 Note RM RM RM RM Assets Non-Current Assets Property, plant and equipment 4 2,746,844 3,392,984 2,741,184 3,375,757 Capital work-in-progress 5 8,384,910 - 8,384,910 - Product development costs 6 11,090,012 10,431,178 9,719,169 8,809,414 Intangible assets 7 - - - - Investment in subsidiary companies 8 - - 500,003 500,003 Amount due from a subsidiary company 9 - - 704,005 1,012,420 22,221,766 13,824,162 22,049,271 13,697,594 Current Assets Inventories 10 45,328 25,860 45,328 25,860 Trade receivables 11 5,226,119 3,150,120 5,038,996 2,732,671 Other receivables 12 1,413,155 2,522,198 1,393,236 2,497,547 Amount due from subsidiary companies 9 - - 485,561 323,257 Tax recoverable 3,710 400 3,660 - Deposits, bank and cash balances and short term funds 13 29,812,581 21,541,617 29,013,216 21,369,345 36,500,893 27,240,195 35,979,997 26,948,680 Assets held for sale 14 - 13,381,204 - 13,381,204 36,500,893 40,621,399 35,979,997 40,329,884 Total Assets 58,722,659 54,445,561 58,029,268 54,027,478 Statements Of Financial Position As At 31 December 2018