Annual Report 2023 123 Group Company 2023 2022 2023 2022 Note RM’000 RM’000 RM’000 RM’000 ASSETS NON-CURRENT ASSETS Property, plant and equipment 5 110,132 131,261 5,585 6,664 Right-of-use assets 6 12,038 11,027 10,012 8,953 Investments in subsidiaries 7 - - 91,255 91,101 Investment in an associate 8 - - - - Other investment 9 110 110 - - Goodwill 10 4,162 4,162 - - Development expenditure 11 3,852 15,359 - - Trade receivables 12 - 2,146 - - 130,294 164,065 106,852 106,718 CURRENT ASSETS Projects-in-progress 13 1,597 3,180 - - Inventories 14 48,723 52,225 - - Trade receivables 12 114,605 48,619 - - Other receivables, deposits and prepayments 15 12,504 9,442 533 548 Amounts owing by subsidiaries 16 - - 69,860 51,043 Tax recoverable - 2,392 - - Short-term investments 17 133,092 110,111 48,154 75,391 Deposits with licensed banks 18 6,399 6,107 - - Cash and bank balances 18 18,148 4,637 562 1,098 335,068 236,713 119,109 128,080 TOTAL ASSETS 465,362 400,778 225,961 234,798 STATEMENTS OF Financial Position AS AT 31 MARCH 2023 The annexed notes form an integral part of these financial statements.
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