Explain a brief report on the financial position of the company, and make conclusion with regards to the financial position of the company.

95 STATEMENTS 0F 7 2 5 FINANCIAL POSITION " ct l as at 31 December 2019 " 7' Group Company a 2019 2018 2019 2018 52 Not: RM'000 RM'000 RM'DOO RM'000 E E m 4 Non-current assets 3% Property, plant and equipment 11 2.852.110 2,881,172 - 33% Intangible assets 12 305,986 981,683 - 3 7, Right of use assets 13 2.595.088 - Investments in subsidiaries 15 - s 772.751 772.751 7 Other investment 16 78 78 - a Trade and other receivables 18 427.565 140,762 - Contract costs 14 66.170 71,130 - s a Contract assets 5 26,661 40,900 - a 9% Derivative financial assets 19 18.605 569 - ii; I 6.292.263 4,1 16,294 772,751 772,75 1 EE 0: Current assets '59 5 Inventories 17 90.501 61,135 - 7 Trade and other receivables 18 1.220.923 1,460,709 j Contract assets 5 79.590 134,800 - a Tax recoverable 8,448 7 - s a Cash and shortsterm deposits 20 457,716 433,118 828 776 D F 2 I 1,357,171: 2,089,762 832 730 E ; 0 Total assets I 8,149,441 6,206,056 773.583 773,531 gag 2 4 U '3 Non-current liabilities E 3 Loans and borrowings 21 4.461.043 2,512,683 - Deferred tax liabilities 22 217,628 276,063 - Other liabilities 23 53.295 48,964 - s I 4.731.966 2,337,710 - 2 a Current liabilities Trade and other payables 24 1384.308 2,144,070 1.380 1,071 '2': Contract liabilities 5 283.572 315,386 - Q Derivative financial liabilities 19 419 301 - 8 Other liabilities 23 420 5,373 - 7 Loans and borrowings 21 688,756 181,371 - Tax payable 13 48,657 13 21 I 2.757.488 2,695,158 1.393 1,092 Q Total liabilities I 7.489.454 5,532,868 1,393 1,092 g i d Equ as Share capital 25 769.65 769,655 769.655 769,655 SE (Accumulated losses)/retained earnings 27 (109.668) (96,467) 2.535 2,784 '55 Total equity I 659.987 673,188 772.190 772,439 3 Total equity and liabilities I 8.149.441 6,206,056 773,583 773,531 K The accompanying accounting policies and explanatory information form an integral part of the financial statements. The Group and the Company have adopted MFRS 16 using the modified retrospective method of adoption on 1 January 2019. Under this method, the standard is applied retrospectively with the cumulative effect of initially applying the standard recognised at the date of initial application. Accordingly, comparatives have not been restated. OTHER lNFOFtMATION