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SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 279

STATEMENTS OF FINANCIAL POSITION

AS AT 31 DECEMBER 2021

Group Company
Note 2021 2020 2021 2020
RM’000 RM’000 RM’000 RM’000
EQUITY AND LIABILITIES

Capital and reserves
Share capital 30 718,255 718,255 718,255 718,255
Reorganisation deficit 31 (1,039,632) (1,039,632) - -
Merger relief reserve 31 1,733,939 1,733,939 1,733,939 1,733,939
Foreign exchange reserve 31 1,442 1,299 - -
Cash flow hedge reserve 31 (3,667) (9,209) (3,667) (9,209)
Retained earnings/(accumulated losses) 302,227 176,874 (524,027) (724,922)
Equity attributable to owners of the Company 1,712,564 1,581,526 1,924,500 1,718,063

Non-current liabilities
Deferred tax liabilities 32 39,911 47,010 - -
Borrowings 34 363,885 518,636 363,885 518,636
Loan due to a subsidiary 26 - - 92,554 98,662
Lease liabilities 37 3,549 3,772 - 664
Derivatives financial liabilities 27 3,571 10,163 3,571 10,163
410,916 579,581 460,010 628,125

Current liabilities
Payables 33 301,234 157,091 6,520 2,528
Provision for taxation 5,291 - 751 -
Amounts due to subsidiaries 25 - - 5 751
Loan due to a related company 26 - 47,152 - 10,108
Loan due to a subsidiary 26 - - 31,228 30,194
Amounts due to other related companies 25 3,936 1,643 117 4
Amount due to ultimate holding body 25 - 221 - 221
Amount due to immediate holding company 25 2,982 12,503 1,887 6,096
Borrowings 34 429,171 388,464 50,236 33,914
Lease liabilities 37 996 1,170 722 885
Derivative financial liabilities 27 3,749 929 - -
747,359 609,173 91,466 84,701
Total liabilities 1,158,275 1,188,754 551,476 712,826
Total equity and liabilities 2,870,839 2,770,280 2,475,976 2,430,889