Page 19 - Sunsuria AR 2017_Neat

SUNSURIA BERHAD (8235-K) 17
ANNUAL REPORT 2017
STATEMENT OF

FINANCIAL POSITION
AT 20 SEPTEMBER 2017
(cont’d)

The Group The Company
2016 2015 2016 2015
Note RM’000 RM’000 RM’000 RM’000
ASSETS
NON-CURRENT ASSETS
Investments in subsidiaries 5 - - 359,141 357,655
Investments in associates 6 680 670 594 594
Other investment 7 28 25 3 -
Property, plant and equipment 8 5,421 8,90 82,734 3,020
Investment properties 9 104,207 74,778 7,346 1,798
Trade receivables 15 1,513 - - -
Goodwill 10 18,222 6,769 - -
Land held for property development 11 387,120 508,089 - -
Deferred tax assets 12 1,432 261 - -

518,623 599,500 369,818 363,067

CURRENT ASSETS
Inventories 13 - 4,930 - -
Property development costs 14 441,942 223,123 - -
Accrued billings 14 82,003 50,076 - -
Trade receivables 15 39,117 13,607 - -
Other receivables, deposits and prepayments 16 27,986 1,738 17,165 576
Amount owing by subsidiaries 17 - - 303,738 174,050
Amount owing by related parties 18 4,013 3,138 4,013 3,138
Dividend receivable 3,204 - 3,052 15,123
Current tax assets 22 27 - -
Short-term investment 19 29,051 7,303 29,051 7,303
Fixed deposits with licensed banks 20 26,375 11,128 23,143 10,596
Cash and bank balances 21 34,350 70,137 972 258

688,063 385,207 381,134 211,044
Assets of disposal group/
Non-current asset classified as held for sale 22 - 54,576 - 38,095

688,063 439,783 381,134 249,139

TOTAL ASSETS 1,206,686 1,039,283 750,952 612,206

The annexed notes form an integral part of these financial statements.