MISC Integrated Annual Report 2020

Group Corporation 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 (Loss)/profit after taxation (169,831) 1,436,267 1,912,336 1,864,414 Other comprehensive loss Items that may be reclassified subsequently to profit or loss Loss on currency translation (505,591) (363,183) (431,683) (259,910) Cash flow hedges: Fair value loss Group (392,460) (163,408) – – Joint ventures (58,682) – – – Total other comprehensive loss for the year (956,733) (526,591) (431,683) (259,910) Total comprehensive (loss)/income for the year (1,126,564) 909,676 1,480,653 1,604,504 Total comprehensive (loss)/income attributable to: Equity holders of the Corporation (981,313) 902,602 1,480,653 1,604,504 Non-controlling interests (145,251) 7,074 – – (1,126,564) 909,676 1,480,653 1,604,504 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. Group Note 2020 2019 RM’000 RM’000 Non-current assets Ships 14 21,088,363 20,975,927 Offshore floating assets 14 51,308 82,357 Other property, plant and equipment 14 2,169,477 2,228,917 Prepaid lease payments on land and buildings 15 212,534 219,843 Intangible assets 16 819,222 840,653 Investments in associates 18 696 482 Investments in joint ventures 19 873,061 925,715 Other non-current financial assets 20(a) 389,502 225,903 Finance lease receivables 20(d) 13,754,515 15,007,971 Deferred tax assets 29 104,433 103,499 39,463,111 40,611,267 Current assets Inventories 21 91,349 165,731 Trade and other receivables 22 5,406,710 3,930,705 Cash, deposits and bank balances 24 6,855,005 7,030,814 12,353,064 11,127,250 Non-current assets classified as held for sale 25 4,834 125,278 12,357,898 11,252,528 Current liabilities Trade and other payables 26 3,509,253 2,186,588 Derivative liabilities 20(b) 11,671 1,560 Interest-bearing loans and borrowings 20(c) 2,005,523 5,599,481 Provision for taxation 23,273 14,165 5,549,720 7,801,794 Net current assets 6,808,178 3,450,734 46,271,289 44,062,001 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. For the year ended 31 December 2020 As at 31 December 2020 STATEMENTS OF COMPREHENSIVE INCOME STATEMENTS OF FINANCIAL POSITION 10 320 10 321 /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// Section Section MISC Berhad / Integrated Annual Report 2020 MISC Berhad / Integrated Annual Report 2020