Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

ASSETS
Group Company
Note 2011 2010 2011 2010
RM’000 RM’000 RM’000 RM’000
Non-current assets
Property, plant and equipment 13 458,692 325,545 4,622 3,817
Prepaid land lease payments 14 18,507 19,235 11,416 11,842
Land held for property development 15(a ) 63,309 62,924 - -
Investment properties 16 6,095 6,095 22,426 20,475
Intangible assets 17 2,288 3,352 901 1,311
Goodwill 18 61,709 61,709 - -
Investments in subsidiaries 19 - - 695,920 1,128,670
Investments in associates 20 291,840 278,152 32,302 32,302
Investments in jointly controlled entities 21 3,628 2,635 - -
Deferred tax assets 22 10,810 16,700 110 -
Other receivables 24 - - 3,156 3,730
Investment securities 27 300 300 - -
917,178 776,647 770,853 1,202,147
Current assets
Property development costs 15(b ) 134,830 130,152 - -
Inventories 23 90,333 86,727 - -
Trade and other receivables 24 192,641 206,961 54,364 84,285
Other current assets 25 12,786 39,849 - -
Investment securities 27 88,709 87,904 88,709 87,904
Tax recoverable 12,546 13,098 6,976 11,836
Cash and bank balances 28 650,272 773,484 625,542 753,990
1,182,117 1,338,175 775,591 938,015
TOTAL ASSETS 2,099,295 2,114,822 1,546,444 2,140,162
EQUITY AND LIABILITIES
Statements of Financial Position
As at 31 December 2011
Current liabilities
Income tax payable 5,977 6,717 - -
Loans and borrowings 29 148,444 219,900 85,507 85,544
Trade and other payables 32 226,042 210,707 344,634 978,406
Other current liabilities 33 9,562 12,595 - -
390,025 449,919 430,141 1,063,950
Net current assets/(liabilities) 792,092 888,256 345,450 (125,935 )
Non-current liabilities
Deferred tax liabilities 22 31,819 21,937 - 276
Loans and borrowings 29 67,303 174,686 - 85,242
Trade and other payables 32 9,400 - - -
108,522 196,623 - 85,518
TOTAL LIABILITIES 498,547 646,542 430,141 1,149,468
Net assets 1,600,748 1,468,280 1,116,303 990,694
Equity attributable to owners of the Company
Share capital 34 329,481 329,446 329,481 329,446
Share premium 35 427,590 427,516 427,587 427,513
Other reserves 36 36,655 25,157 191,234 184,876
Retained earnings 37 621,089 530,548 168,001 48,859
1,414,815 1,312,667 1,116,303 990,694
Non-controlling interests 185,933 155,613 - -
TOTAL EQUITY 1,600,748 1,468,280 1,116,303 990,694
TOTAL EQUITY AND LIABILITIES 2,099,295 2,114,822 1,546,444 2,140,162
The accompanying accounting policies and explanatory notes form an integral part of the fi nancial statements.
Annual Report 2011 75