200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) Statements of financial position (cont'd) As at 31 December 2022 Note 2022 2021 2022 2021 RM RM RM RM Equity and liabilities Current liabilities Loans and borrowings 23 151,644,515 158,571,590 5,900,000 3,000,000 Lease liabilities 24 2,769,568 2,478,781 - - Trade and other payables 25 230,710,465 242,446,723 1,393,065 1,184,706 Contract liabilities 4(b) 15,733,053 24,147,420 - - Current tax liabilities 3,772,097 - 22,299 1,807 Provisions 26 11,541,000 16,737,000 - - 416,170,698 444,381,514 7,315,364 4,186,513 Net current assets 567,826,017 504,846,784 66,530,346 75,825,697 Non-current liabilities Loans and borrowings 23 155,993,891 148,490,929 75,000,000 75,000,000 Lease liabilities 24 3,314,868 2,520,789 - - 159,308,759 151,011,718 75,000,000 75,000,000 Total liabilities 575,479,457 595,393,232 82,315,364 79,186,513 Net assets 725,289,929 731,049,412 318,255,741 317,463,796 Equity attributable to owners of the Company Share capital 28 255,944,359 255,944,359 255,944,359 255,944,359 Treasury shares 28 (23,774) (23,774) (23,774) (23,774) Retained earnings 29 420,981,673 431,743,829 28,141,488 27,349,543 Other reserves 30 33,493,369 33,614,941 34,193,668 34,193,668 710,395,627 721,279,355 318,255,741 317,463,796 Non-controlling interests 16(c) 14,894,302 9,770,057 - - Total equity 725,289,929 731,049,412 318,255,741 317,463,796 Total equity and liabilities 1,300,769,386 1,326,442,644 400,571,105 396,650,309 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. Group Company - 19 - STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2022 Annual Report 2022 84
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