The annexed notes form an integral part of these financial statements. STATEMENTS OF FINANCIAL POSITION AT 31 MARCH 2024 THE GROUP THE COMPANY 2024 2023 2024 2023 NOTE RM’000 RM’000 RM’000 RM’000 ASSETS NON-CURRENT ASSETS Investment in subsidiaries 5 – – 356,766 356,766 Investment in joint venture 6 143,991 143,174 – – Property, plant and equipment 7 203,810 210,693 – – Investment properties 8 15 30 – – Right-of-use assets 9 4,769 2,743 – – Goodwill 10 * * – – Inventories 11 721,223 773,536 – – Other receivables, deposits and prepayments 12 29,403 36,331 – – Amount owing by subsidiaries 13 – – 455,887 526,541 Deferred tax assets 14 28,046 36,976 – – 1,131,257 1,203,483 812,653 883,307 CURRENT ASSETS Inventories 11 464,089 397,614 – – Trade receivables and contract assets 15 544,737 617,836 – – Other receivables, deposits and prepayments 12 164,967 160,932 97 57 Amount owing by subsidiaries 13 – – 382,848 351,642 Fixed deposits with licensed banks 17 33,577 59,181 2,277 31,600 Cash and bank balances 18 342,001 191,051 61,107 25,169 Current tax assets 9,301 8,321 – – 1,558,672 1,434,935 446,329 408,468 TOTAL ASSETS 2,689,929 2,638,418 1,258,982 1,291,775 FINANCIAL STATEMENTS 149 INTEGRATED ANNUAL REPORT 2024
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