MISC Annual Report 2019

Group Note 2019 2018 RM’000 RM’000 Equity Equity attributable to equity holders of the Corporation Share capital 26 8,923,262 8,923,262 Treasury shares 26 (271) (271) Other reserves 27 6,060,251 6,584,004 Retained profits 19,743,950 19,844,154 34,727,192 35,351,149 Non-controlling interests 1,026,526 1,012,982 35,753,718 36,364,131 Non-current liabilities Interest-bearing loans and borrowings 19(c) 7,552,692 7,271,413 Deferred tax liabilities 28 30,907 32,418 Derivative liabilities 19(b) 158,360 5,836 Deferred income 29 566,324 612,421 8,308,283 7,922,088 44,062,001 44,286,219 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. STATEMENTS OF FINANCIAL POSITION As at 31 December 2019 STATEMENTS OF FINANCIAL POSITION As at 31 December 2019 Corporation Note 2019 2018 RM’000 RM’000 Non-current assets Ships 13 4,403,005 4,705,158 Other property and equipment 13 323,468 163,352 Prepaid lease payments on land and buildings 14 3,566 3,730 Investments in subsidiaries 16 14,986,590 18,669,894 Investments in associates 17 124 124 Investments in joint ventures 18 195,384 197,488 Other non-current financial assets 19(a) 1,079,755 1,354,508 Finance lease receivables 19(d) 1,012,006 1,082,591 22,003,898 26,176,845 Current assets Trade and other receivables 21 1,747,140 3,003,130 Cash, deposits and bank balances 23 2,817,049 1,957,819 4,564,189 4,960,949 Current liabilities Trade and other payables 25 996,929 1,183,374 Interest-bearing loans and borrowings 19(c) 1,620,012 2,048,630 2,616,941 3,232,004 Net current assets 1,947,248 1,728,945 23,951,146 27,905,790 Equity Equity attributable to equity holders of the Corporation Share capital 26 8,923,262 8,923,262 Treasury shares 26 (271) (271) Other reserves 3,832,478 4,092,388 Retained profits 11,165,769 10,641,671 23,921,238 23,657,050 Non-current liability Interest-bearing loans and borrowings 19(c) 29,908 4,248,740 23,951,146 27,905,790 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. FINANCIAL STATEMENTS MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019 244 245