BALANCE SHEET

2024
(RM'000)		 2023
(RM'000)		 2022
(RM'000)		 2021*
(RM'000)		 2020
(RM'000)
Non-Current Assets
Property, plant, and equipment 98,449 121,350 121,502 121,948 114,096
Intangible assets 1,486 1,699 2,339 - -
Right-of-use assets 113,890 113,123 124,820 85,424 97,021
Investment properties 1,050 - - 2,605 17,425
Investment in associates 33,302 33,729 33,585 41,398 35,044
Goodwill arising from consolidation 30,963 29,173 29,173 3,249 3,455
Loan to an associate - - - 1,000 2,050
Other investments 14 70 83 - -
Investment in redeemable convertible preference shares 2,160 2,160 - 500 500
Deferred tax assets 1,198 1,683 - - -
Total Non-Current Assets 282,512 302,987 311,502 256,124 269,591
Current Assets
Inventories 3,066 2,906 2,833 1,847 1,223
Trade receivables 70,239 59,416 60,170 64,249 72,156
Other receivables, deposits, and prepayments 28,582 30,430 37,404 24,482 23,656
Tax recoverable 15,329 14,839 23,425 15,952 21,746
Loan to an associate - 2,384 4,230 1,050 -
Short term funds 1,283 100 19,405 93,927 78,768
Deposits with licensed banks 138,701 149,442 164,771 150,323 151,077
Cash and bank balances 62,070 45,116 42,514 29,946 37,839
Total Current Assets 319,270 304,633 354,752 381,776 386,465
Total Assets 601,782 607,620 666,254 637,900 656,056
Capital and Reserves
Share capital 337,896 337,896 337,896 337,896 337,896
Treasury shares -27,842 -27,634 -22,928 -20,949 -905
Reserves 96,779 106,141 148,047 164,959 146,189
Non-controlling interests 23,235 23,286 27,194 14,418 13,247
Total Equity 430,069 439,689 490,209 496,324 496,427
Non-Current Liabilities
Hire-purchase payables 276 676 4,020 5,819 10,722
Bank borrowings 2,458 1,062 2,512 1,583 54
Lease liabilities 70,799 83,191 92,308 47,843 60,056
Provision for retirement benefits 901 800 932 827 637
Provision for restoration costs 1,532 794 635 - -
Deferred tax liabilities 2,378 2,462 3,147 9,165 6,627
Total Non-Current Liabilities 78,344 88,985 103,554 65,237 78,096
Current Liabilities
Trade payables 12,815 12,537 12,712 12,179 11,047
Other payables and accrued expenses 46,025 47,651 36,638 34,190 33,370
Provision for restoration costs 509 323 147 - -
Hire-purchase payables 814 3,596 6,468 8,723 18,811
Tax liabilities 3,674 1,181 1,564 355 263
Bank borrowings 1,265 1,470 1,526 684 888
Lease liabilities 28,268 12,188 13,436 20,208 17,154
Total Current Liabilities 93,370 78,946 72,491 76,339 81,533
Total Liabilities 171,714 167,931 176,045 141,576 159,629
Total Equity and Liabilities 601,782 607,620 666,254 637,900 656,056

*During the financial period, the Group and the Company have changed its financial year end from 30 June to 31 December. Accordingly, the financial statements of the Group and of the Company for the financial period are drawn up for a period of eighteen (18) months from 1 July 2020 to 31 December 2021.

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