Group Company 2023 2022 2023 2022 Note RM’000 RM’000 RM’000 RM’000 ASSETS Non-current assets Property, plant and equipment 13 1,923,246 1,861,858 1,224,454 1,225,329 Right-of-use assets 14 1,836,059 1,868,776 182,612 184,350 Investment in subsidiaries 15 – – 210,659 210,659 Investment in associates 16 29,135 30,535 3,355 3,330 Goodwill on consolidation 17 2,281 2,281 – – Deferred tax assets 18 2,276 2,765 – – Receivables 19 – – 1,541,843 1,424,832 3,793,097 3,766,215 3,162,923 3,048,500 Current assets Inventories 20 88,463 136,488 13,283 35,897 Biological assets 21 29,948 31,835 11,325 11,107 Receivables 19 43,009 133,333 52,830 190,263 Tax recoverable 10,003 2,243 – – Cash and bank balances 22 62,627 165,618 61,667 164,532 234,050 469,517 139,105 401,799 Total assets 4,027,147 4,235,732 3,302,028 3,450,299 The accompanying accounting policies and explanatory notes form an integral part of these financial statements. STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2023 Boustead Plantations Berhad 192
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