Annual Report 2018 87

Statements of financial position

As at 31 December 2018

Group Company
Note 2018 2017 2018 2017

Strategic Review
RM’000 RM’000 RM’000 RM’000

Non-current assets
Property, plant and equipment 11 2,881,172 2,908,968 - -
Intangible assets 12 981,683 937,100 - -
Investments in subsidiaries 14 - - 772,751 772,751
Other investment 15 78 163 - -
Trade and other receivables 17 140,762 101,163 - -
Contract costs 13 71,130 - - -

Performance Review
Contract assets 5 40,900 - - -
Derivative financial assets 18 569 355 - -

4,116,294 3,947,749 772,751 772,751

Current assets
Inventories 16 61,135 59,138 - -
Trade and other receivables 17 1,460,709 1,216,988 4 4
Contract assets 5 134,800 - - -
Tax recoverable - 34,693 - -

Sustainability
Cash and short-term deposits 19 433,118 575,045 776 897

2,089,762 1,885,864 780 901

Total assets 6,206,056 5,833,613 773,531 773,652

Non-current liabilities
Loans and borrowings 20 2,512,683 2,691,438 - -
Deferred tax liabilities 21 276,063 297,523 - -
Other liabilities 22 48,964 44,077 - -

Governance
2,837,710 3,033,038 - -

Current liabilities
Trade and other payables 23 2,144,070 1,928,256 1,071 965
Contract liabilities 5 315,386 - - -
Derivative financial liabilities 18 301 1,447 - -
Other liabilities 22 5,373 339,257 - -
Loans and borrowings 20 181,371 12,881 - -
Tax payable 48,657 16 21 16
Financials

2,695,158 2,281,857 1,092 981

Total liabilities 5,532,868 5,314,895 1,092 981

Equity
Share capital 24 769,655 769,655 769,655 769,655
(Accumulated losses)/retained earnings 26 (96,467) (250,937) 2,784 3,016
Additional Information

Total equity 673,188 518,718 772,439 772,671

Total equity and liabilities 6,206,056 5,833,613 773,531 773,652

The accompanying accounting policies and explanatory information form an integral part of the financial statements. The Group and the Company
have adopted MFRS 15 and MFRS 9 on 1 January 2018. Under the transition methods elected, cumulative impacts arising from the adoption of
the new standards were adjusted to the accumulated losses of the Group as at 1 January 2018. Accordingly, comparatives have not been restated.