CAHYA MATA SARAWAK ANNUAL REPORT 2016

93 Cahya Mata Sarawak Berhad A N N U A L R E P O R T 2 0 1 6 Section 07 Financial StatementS Group Company Note 2016 2015 2016 2015 (cont'd.) RM’000 RM’000 RM’000 RM’000 EQUITY AND LIABILITIES Current liabilities Income tax payable 23,147 21,730 - 548 Loans and borrowings 30 142,880 68,356 35,000 - Trade and other payables 31 395,057 474,732 996,749 820,974 Other current liabilities 32 126,783 46,294 - - 687,867 611,112 1,031,749 821,522 Net current assets/(liabilities) 684,117 696,644 (338,635) (173,084) Non-current liabilities Deferred tax liabilities 22 39,292 41,805 37 - Loans and borrowings 30 105,076 95,322 - - Trade and other payables 31 84,363 170,113 - - 228,731 307,240 37 - TOTAL LIABILITIES 916,598 918,352 1,031,786 821,522 Net assets 2,534,739 2,312,727 1,073,656 1,075,582 Equity attributable to owners of the Company Share capital 33 537,188 537,188 537,188 537,188 Share premium 34 330,716 330,716 330,713 330,713 Other reserves 35 40,090 (18,760) 168,000 168,000 Retained earnings 1,304,842 1,168,357 37,755 39,681 2,212,836 2,017,501 1,073,656 1,075,582 Non-controlling interests 321,903 295,226 - - TOTAL EQUITY 2,534,739 2,312,727 1,073,656 1,075,582 TOTAL EQUITY AND LIABILITIES 3,451,337 3,231,079 2,105,442 1,897,104 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. Statements of Financial Position As at 31 December 2016