Green Technology Annual Report

Note The Group The Company 2019 RM 2018 RM 2019 RM 2018 RM ASSETS NON–CURRENT ASSETS Investment in subsidiaries 5 – – 2,500,000 2,500,000 Investment in a joint venture 6 – 5,173 – – Property and equipment 7 14,936,844 18,466,304 14,936,844 18,466,304 Right–of–use assets 8 2,958,252 – 2,958,252 – Deferred expenditure 4,449,975 1,031,905 4,449,975 1,031,905 22,345,071 19,503,382 24,845,071 21,998,209 CURRENT ASSETS Trade receivables 9 4,200,029 7,281,931 4,200,029 7,168,142 Other receivables, deposits and prepayments 10 845,286 845,444 845,286 845,444 Amount owing by subsidiaries 11 – – 465,059 506,340 Current tax assets 266,397 418,397 266,397 418,397 Fixed deposits with licensed banks 12 49,676,707 33,931,215 49,676,707 33,931,215 Cash and bank balances 5,664,072 4,957,370 3,141,431 2,436,581 60,652,491 47,434,357 58,594,909 45,306,119 TOTAL ASSETS 82,997,562 66,937,739 83,439,980 67,304,328 Note The Group The Company 2019 RM 2018 RM 2019 RM 2018 RM EQUITY AND LIABILITIES EQUITY Retained profits 13 25,212,083 24,287,715 25,693,426 24,727,165 NON–CURRENT LIABILITIES Government grants 14 27,681,924 15,975,145 27,681,924 15,975,145 Deferred income 15 560,804 430,018 560,804 430,018 Building fund 16 16,168,308 16,869,563 16,168,308 16,869,563 Lease liabilities 17 36,778 – 36,778 – 44,447,814 33,274,726 44,447,814 33,274,726 CURRENT LIABILITIES Trade payables 18 8,355,703 5,711,202 8,355,703 5,656,713 Other payables and accruals 19 4,963,620 3,649,256 4,924,695 3,630,884 Amount owing to a related party 20 – 14,840 – 14,840 Lease liabilities 17 18,342 – 18,342 – 13,337,665 9,375,298 13,298,740 9,302,437 TOTAL LIABILITIES 57,785,479 42,650,024 57,746,554 42,577,163 TOTAL EQUITY AND LIABILITIES 82,997,562 66,937,739 83,439,980 67,304,328 STATEMENTS OF FINANCIAL POSITION AT 31 DECEMBER 2019 The annexed notes form an integral part of these financial statements 101 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019