FGV Audited Financial Statements 2019

19 01 S E C T I O N AUDITED FINANCIAL STATEMENTS 2019 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2019 Note Group Company 31.12.2019 RM’000 31.12.2018 RM’000 (Restated) 1.1.2018 RM’000 (Restated) 31.12.2019 RM’000 31.12.2018 RM’000 (Restated) 1.1.2018 RM’000 (Restated) Non-current liabilities Borrowings 44 766,054 991,506 733,234 - - - Lease liabilities 45 258,957 251,332 228,405 32,064 30,500 10,099 Loans due to a significant shareholder 46 883,176 1,074,045 1,222,765 883,176 1,074,045 1,222,765 Loans due to subsidiaries 47 - - - 1,324,884 845,985 667,669 Land lease agreement (“LLA”) liability 48 4,063,332 4,079,836 4,067,794 - - - Derivative financial liabilities 30 5,166 - - - - - Provision for asset retirement 49 32,124 31,810 32,725 - - - Provision for defined benefit plan 50 87,801 82,961 87,768 1,706 2,094 2,018 Deferred tax liabilities 51 671,954 735,370 812,363 - - - Payables 52 12,000 - - - - - 6,780,564 7,246,860 7,185,054 2,241,830 1,952,624 1,902,551 Current liabilities Payables 52 906,970 1,227,785 1,178,883 39,397 35,964 39,963 Contract liabilities 53 77,623 41,209 58,714 - - - Loans due to a significant shareholder 46 3,322 85,058 164,551 3,322 85,058 164,551 Loans due to subsidiaries 47 - - - 152,228 258,924 435,090 Amount due to a significant shareholder 29 216,558 187,582 483,166 1,128 1,441 16,985 Amount due to an associate 29 485 210 37 - - - Amounts due to subsidiaries 29 - - - 23,476 30,672 84,346 Amounts due to joint ventures 29 - 249 - - - - Amounts due to other related companies 29 1,604 2,559 128,641 561 171 124 Derivative financial liabilities 30 29,266 7,545 1,039 - - - Borrowings 44 3,254,504 3,252,605 3,376,922 75,080 84,880 - Lease liabilities 45 41,838 42,748 40,284 3,363 8,133 4,692 Provision for asset retirement 49 655 662 648 - - - Provision for litigation loss 54 - 35,541 32,841 - - - Current tax liabilities 34,520 8,606 3,712 177 - - LLA liability 48 252,814 248,172 325,486 - - - 4,820,159 5,140,531 5,794,924 298,732 505,243 745,751 Liabilities related to assets held for sale 38 616 985 22,478 - - - 4,820,775 5,141,516 5,817,402 298,732 505,243 745,751 Total liabilities 11,601,339 12,388,376 13,002,456 2,540,562 2,457,867 2,648,302 Total equity and liabilities 17,701,639 18,992,157 20,833,299 9,670,528 9,667,384 9,713,066