MITRA-AnnualReport2011 (1.2MB).pdf - Announcements - Bursa ...

Statements of Financial Position
As at 31st December 2011
ASSETS
Group Company
2011 2010 2011 2010
Note RM RM RM RM
Non-current assets
Property, plant and equipment 4 33,557,229 28,434,004 1 1
Land held for property development 5(a) 120,998,806 116,229,426 - -
Investment properties 6 37,938,782 35,966,263 - -
Investment in subsidiaries 7 - - 30,917,190 30,917,190
Investment in an associate 8 4,490,082 - 4,500,000 -
Goodwill on consolidation 9 3,074,550 2,536,189 - -
Deferred taxation 10(a) 3,571,877 3,694,123 - -
Total non-current assets 203,631,326 186,860,005 35,417,191 30,917,191
Current assets
Amount due from customers for contract work 11 3,067,752 948,677 - -
Property development costs 5(b) 185,451,299 179,737,054 - -
Inventories 12 19,592,200 30,248,030 - -
Trade and other receivables 13 76,302,751 103,206,003 1,710 3,768
Tax recoverable 3,186,002 2,724,908 162,022 -
Amount due from subsidiaries 14 - - 208,179,740 200,161,363
Cash and bank balances 15 3,799,447 4,656,474 14,033 13,836
Total current assets 291,399,451 321,521,146 208,357,505 200,178,967
ToTAl ASSETS 495,030,777 508,381,151 243,774,696 231,096,158
EQUITy AND lIABIlITIES
Equity attributable to owners of the parent
Share capital 16 198,765,901 127,989,267 198,765,901 127,989,267
Treasury shares 16(b) (807,913) (4,146,852) (807,913) (4,146,852)
Reserves 17 131,262,236 172,425,206 23,456,651 70,442,055
Shareholders' funds 329,220,224 296,267,621 221,414,639 194,284,470
Non-controlling interests 23,264,657 23,051,945 - -
Total equity 352,484,881 319,319,566 221,414,639 194,284,470
Non-current liabilities
Borrowings 19 29,477,871 44,350,188 - -
Deferred taxation 10(b) 2,725,951 2,545,511 - -
Total non-current liabilities 32,203,822 46,895,699 - -
Current liabilities
Amount due to customers for contract work 11 142,201 4,686,683 - -
Trade and other payables 21 79,636,008 87,182,561 162,249 184,297
Amount due to subsidiaries 22 - - 22,192,487 36,541,335
Borrowings 19 27,954,642 45,971,315 5,321 9,283
Provision for taxation 2,609,223 4,325,327 - 76,773
Total current liabilities 110,342,074 142,165,886 22,360,057 36,811,688
ToTAl lIABIlITIES 142,545,896 189,061,585 22,360,057 36,811,688
ToTAl EQUITy AND lIABIlITIES 495,030,777 508,381,151 243,774,696 231,096,158
The accompanying notes form an integral part of these financial statements.
MITRAJAYA HOLDINGS BERHAD ANNUAL REPORT 2011
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