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ANNUAL REPORT 2008 - KNM Steel Sdn Bhd

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BALANCE<br />

SHEETS AT 31 DECEMBER <strong>2008</strong> (CONT’D)<br />

Group<br />

Company<br />

Note <strong>2008</strong> 2007 <strong>2008</strong> 2007<br />

RM’000 RM’000 RM’000 RM’000<br />

Liabilities<br />

Loans and borrowings 15 296,722 45,007 – –<br />

Long term payables 16 30,672 33,345 – –<br />

Long service leave liability 2,514 2,832 – –<br />

Deferred tax liabilities 9 429,361 53,855 – –<br />

Total non-current liabilities 759,269 135,039 – –<br />

Payables and accruals 17 702,611 310,379 3,131 1,062<br />

Loans and borrowings 15 1,133,667 220,907 – –<br />

Current tax liabilities 33,399 27,714 765 241<br />

Total current liabilities 1,869,677 559,000 3,896 1,303<br />

Total liabilities 2,628,946 694,039 3,896 1,303<br />

Total equity and liabilities 4,449,063 1,249,708 1,353,429 286,785<br />

The notes on pages 60 to 117 are an integral part of these financial statements.<br />

<strong>KNM</strong> GROUP BERHAD<br />

52<br />

<strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2008</strong>

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