PRG Holdings Berhad Annual Report 2019

PRG HOLDINGS BERHAD 74 Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 ASSETS Non-current assets Property, plant and equipment 7 25,799 43,789 - - Right-of-use assets 8 36,144 - - - Intangible assets 9 32,974 1,328 - - Investments in subsidiaries 10 - - 60,921 63,760 Investments in associates 11 1,934 7,883 - - Investments in joint ventures 12 1,111 5,099 - - Other investments 13 6,452 - 6,452 - Trade and other receivables 15 4,730 17,285 85,660 52,552 Deferred tax assets 14 381 4,964 - - 109,525 80,348 153,033 116,312 Current assets Inventories 17 59,788 205,756 - - Biological assets 19 83,100 - - - Trade and other receivables 15 63,350 83,945 40,078 50,741 Contract assets 16 5,625 25,725 - - Current tax assets 585 2,876 - - Cash and bank balances 20 23,386 35,079 130 501 235,834 353,381 40,208 51,242 Assets classified as held for sale 26 244,330 - - - TOTAL ASSETS 589,689 433,729 193,241 167,554 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital 21 134,975 83,289 134,975 83,289 Treasury shares 21 (87) (87) (87) (87) Reserves 22 23,907 48,756 38,677 64,675 158,795 131,958 173,565 147,877 Non-controlling interests 10(h) 60,748 40,199 - - TOTAL EQUITY 219,543 172,157 173,565 147,877 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2019