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QUESTION 1 Tanah Rata Bhd is a public listed is a company involved in the construction industry based in the Klang Valley. The following
QUESTION 1 Tanah Rata Bhd is a public listed is a company involved in the construction industry based in the Klang Valley. The following information relates to the Statement of Financial Position and Notes on Property Plant and Equipment of Tanah Rata Bhd. Tanah Rata Bhd Statement of Financial Position as at 31 December 2020 Non-Current Assets Property, plant and equipment. Investment property Biological assets 2020 2019 RM'000 RM'000 283,000 236,000 31,000 25,000 55,000 25,000 Current Assets Inventories 77,000 87,000 Trade receivables 69,000 68,000 Cash at bank 20,000 Marketable securities 16,000 551,000 441,000 Equity Ordinary share capital 235,000 165,000 Revaluation reserve 21,000 Retained profit 140,000 68,000 Non-Current Liabilities 10% Debentures 55,000 95,000 Current Liabilities Trade payables Bank overdraft Tax payables 73,000 59,000 29,000 27,000 25,000 551,000 441,000
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