FGV Annual Report 2020

Group 2020 RM’000 2019 RM’000 EQUITY AND LIABILITIES Capital and reserves Share capital 7,029,889 7,029,889 Treasury shares (518) (302) Foreign exchange reserve 26,497 52,218 Reorganisation reserve (3,089,497) (3,089,497) Other reserves 10,624 (20,682) Retained earnings 284,708 201,575 Equity attributable to owners of the Company 4,261,703 4,173,201 Non-controlling interests 1,838,504 1,927,099 Total equity 6,100,207 6,100,300 Non-current liabilities Borrowings 773,182 766,054 Lease liabilities 358,036 258,957 Loans due to ultimate holding company 882,866 883,176 Land lease agreement (“LLA”) liability 3,881,584 4,063,332 Derivative financial liabilities 10,163 5,166 Provision for asset retirement 32,358 32,124 Provision for defined benefit plan 67,492 87,801 Deferred tax liabilities 635,501 671,954 Payables 15,196 12,000 6,656,378 6,780,564 Current liabilities Payables 1,049,465 906,970 Contract liabilities 104,168 77,623 Loans due to ultimate holding company 3,322 3,322 Amount due to ultimate holding company 265,984 216,558 Amount due to an associate 494 485 Amounts due to other related companies 1,374 1,604 STATEMENTS OF FINANCIAL POSITION (CONTINUED) 53 Who We Are How We Operate How We Are Governed Additional Information Sustainability Matters Statement & Discussion By Our Leaders