Page 26 - Annual Report 2021
P. 26
Overview Leadership Message Business segment Moving Forward Our Resources Working for a Corporate Financial
review Plan Better Tomorrow Governance Statements
BuSInESS rEvIEw
grOuP BalancE sHEEt
audited audited
2021 2020 Variance
rM’ 000 rM’ 000 (%)
ASSETS
Non-Current Assets 17,708 15,421 14.8
Current Assets 111,297 93,210 19.4
TOTAL ASSETS 129,005 108,631 18.8
LIABILITIES
Non-Current Liabilities 12,620 13,841 8.9
Current Liabilities 73,518 62,971 (16.7)
Total Liabilities 86,138 76,812 (12.1)
Shareholders’ Fund 43,849 32,912 33.23
Non-Controlling Interest (982) (1,093) 10.1
TOTAL EQUITY 42,867 31,819 34.1
TOTAL EQUITY AND LIABILITIES 129,005 108,631 18.8
EARNING PER SHARE (RM) 1.10 0.80 37.5
The Group ended the year in a stronger financial position that set a solid foundation for driving growth and supporting
UM’s financial sustainability in the years ahead.
Total assets for the Group increased by 18.8% or RM20.4m as at the end of the financial year to RM129.0m
(2020:RM108.6m). The increase is mainly contributed by an increase in Cash & Cash Equivalents of RM17.4m and Fixed
Assets of RM2.3m.
Total liabilities for the Group increased by RM9.3m or 12.1% due to accrual of RM 4.5m dividend to UM and higher trade
and non-trade payables.
The Group registered a shareholder’s fund of RM43.8m (2020: RM32.9m), attributed to higher earnings generated during
the year.
Earnings Per Share (EPS) improved from RM0.80 to RM1.10, above par value for the first time since inception.
26 UM Holdings Group
