DESTINI Annual Report 2018

Group Company 2018 2017 2018 2017 Note RM RM RM RM (Restated) Equity Share capital 20 382,806,871 382,806,871 382,806,871 382,806,871 Foreign currency translation reserve 22 12,357,852 12,156,242 - - Retained earnings/ (Accumulated losses) 111,859,274 113,186,371 (5,525,082) 313,650 Equity attributable to owners of the parent 507,023,997 508,149,484 377,281,789 383,120,521 Non-controlling interests (453,093) (2,851,194) - - Total Equity 506,570,904 505,298,290 377,281,789 383,120,521 Non-Current Liabilities Finance lease liabilities 24 1,527,053 1,697,840 - - Bank borrowings 25 115,611,436 145,614,680 34,177,824 53,922,062 Deferred tax liabilities 26 5,479,741 4,044,795 25,093 52,552 Redeemable preference shares 27 1,346,903 1,363,558 - - 123,965,133 152,720,873 34,202,917 53,974,614 Current Liabilities Contract liabilities 14 6,477,984 18,109,779 - - Trade payables 28 70,315,266 66,868,580 - - Other payables 29 40,438,246 43,520,954 471,578 1,706,757 Amount due to subsidiaries 16 - - 13,089,971 - Amout due to a Director 30 - 1,500,000 - - Finance lease liabilities 24 920,463 767,010 - 10,700 Bank borrowings 25 20,490,158 30,898,806 4,092,848 4,025,600 Tax payable 24,373,469 22,678,748 3,432,468 3,297,240 163,015,586 184,343,877 21,086,865 9,040,297 Total Liabilities 286,980,719 337,064,750 55,289,782 63,014,911 Total Equity and Liabilities 793,551,623 842,363,040 432,571,571 446,135,432 The accompanying notes form an integral part of the financial statements. AS AT 31 DECEMBER 2018 (CONT’D) STATEMENTS OF FINANCIAL POSITION DESTINI BERHAD ANNUAL REPORT 2018 101