PRG Holdings Berhad Annual Report 2020

PRG HOLDINGS BERHAD 70 Group Company Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 ASSETS Non-current assets Property, plant and equipment 8 24,808 25,799 - - Right-of-use assets 9 21,187 36,144 - - Intangible assets 10 19,415 32,974 - - Investments in subsidiaries 11 - - 60,921 60,921 Investments in associates 12 1,894 1,934 - - Investments in joint ventures 13 1,414 1,111 - - Other investments 14 4,030 6,452 4,030 6,452 Trade and other receivables 16 58,113 4,730 94,602 85,660 Deferred tax assets 15 1,466 381 - - 132,327 109,525 159,553 153,033 Current assets Inventories 18 61,576 59,788 - - Biological assets 20 82,060 83,100 - - Trade and other receivables 16 54,199 63,350 34,018 40,078 Contract assets 17 7,841 5,625 - - Current tax assets 476 585 1 - Cash and bank balances 21 34,874 23,386 508 130 Bank balances held on behalf of clients 22 24,516 - - - 265,542 235,834 34,527 40,208 Assets classified as held for sale 28 - 244,330 - - TOTAL ASSETS 397,869 589,689 194,080 193,241 EQUITY AND LIABILITIES Equity attributable to owners of the parent Share capital 23 144,530 134,975 144,530 134,975 Treasury shares 23 (87) (87) (87) (87) Reserves 24 9,526 23,907 17,944 38,677 153,969 158,795 162,387 173,565 Non-controlling interests 11(g) 46,688 60,748 - - TOTAL EQUITY 200,657 219,543 162,387 173,565 Statements of Financial Position As at 31 December 2020