Page 70 - Annual Report 2021

Overview Leadership Message Business Segment Moving Forward Our Resources Working for a Corporate Financial
Review Plan Better Tomorrow Governance statements

Statements of Financial Position

statEMEnts OF Financial POsitiOn as at 31 DEcEMBEr 2021

the group the company
2021 2020 2021 2020
note rM rM rM rM

assEts

NON-CURRENT ASSETS
Investments in subsidiaries 6 - - 48,100,752 36,086,055
Investments in associates 7 127,657 127,657 - -
Plant and equipment 8 17,550,061 15,242,843 48,975 23,813
Projects work-in-progress 9 - 20,458 - 20,458
Amount owing by subsidiaries 14 - - - 11,789,697
Other investments 5,002 5,002 2 2
Goodwill 25,049 25,049 - -
17,707,769 15,421,009 48,149,729 47,920,025

CURRENT ASSETS
Inventories 10 5,021,265 4,820,610 - -
Trade receivables 11 17,138,305 17,957,698 176,000 825,000
Other receivables, deposits and prepayments 12 6,642,052 6,012,420 2,501,414 1,414
Amount owing by holding entity 13 - 80,000 - -
Amount owing by subsidiaries 14 - - 4,925,192 6,182,662
Amount owing by related parties 15 1,444,612 697,425 1,442,140 695,283
Current tax assets - - 70,398 51,000
Short-term investments 16 35,954,596 37,608,190 1,454,327 3,969,795
Fixed deposits with licensed banks 17 2,664,848 3,711,642 - 200,771
Cash and bank balances 42,431,249 22,322,160 6,378,574 3,590,751
111,296,927 93,210,145 16,948,045 15,516,676

TOTAL ASSETS 129,004,696 108,631,154 65,097,774 63,436,701

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

70 UM Holdings Group