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Frontken Corporation Berhad (651020-T)
ANNUAL REPORT
2016
The Group
The Company
Note
2016
2015
2016
2015
RM
RM
RM
RM
ASSETS
Non-Current Assets
Property, plant and equipment
10
152,066,439
135,666,676
53,861
74,979
Investments in subsidiaries
11
-
-
120,512,699
87,675,923
Investment in an associate
12
1,998,506
2,009,434
-
-
Goodwill on consolidation
13
33,760,856
33,760,856
-
-
Deferred tax assets
14
1,602,804
1,405,844
-
-
Fixed deposits with licensed banks
15
1,146,156
-
-
-
Total Non-Current Assets
190,574,761
172,842,810
120,566,560
87,750,902
Current Assets
Inventories
16
10,976,127
11,793,447
-
-
Trade receivables
17
96,146,591
87,029,619
-
-
Other receivables, deposits and
prepaid expenses
17
5,052,186
6,124,000
62,218
38,662
Amount owing by subsidiaries
18
-
-
9,921,898
39,334,680
Amount owing by an associate
12
1,362,971
1,330,140
-
-
Current tax assets
1,182,201
965,150
-
-
Short-term investments
19
8,996,233
-
5,390,526
-
Fixed deposits with licensed banks
15
4,725,879
15,310,588
1,072,697
3,040,444
Cash and bank balances
88,745,512
94,486,988
9,993,581
14,460,511
Total Current Assets
217,187,700
217,039,932
26,440,920
56,874,297
Total Assets
407,762,461
389,882,742
147,007,480
144,625,199
The accompanying Notes form an integral part of these Financial Statements.
Statements Of Financial Position
As Of 31 December 2016