Solve for Times Interest Earned Ratio
Calculate ratios for group 2020.
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STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 (continued) Group Company 2020 2019 2020 2019 Note RM4000 RM'000 RM'000 RM'000 EQUITY AND LIABILITIES Equity attributable to owners of the Company Share capital 13 98,677 98,677 98,677 98,677 Revaluation reserve 14 7,886 7,886 939 939 Accumulated losses (54,665) (54,222) (56,039) (55,985) 51,898 52,341 43,577 43,631 Non-controlling interests (89) 177 TOTAL EQUITY 51,809 52,518 43,577 43,631 136 237 Non-current liabilities Lease liabilities Deferred tax liabilities Other payables Total non-current liabilities 15 16 17 136 6,753 1,838 237 6,420 1,930 6,753 1,825 6,378 1.919 8.727 8,587 8.714 8,534 143 3,823 181 7.288 192 143 17,271 Current liabilities Lease liabilities 15 Trade and other payables 17 Current tax liabilities Total current liabilities TOTAL LIABILITIES TOTAL EQUITY AND LIABILITIES 181 20.747 188 21.116 29.650 7,661 17,414 3,966 12,693 16.248 26,128 64,502 68,766 69,705 73,281 STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2020 Group 2020 RM1000 2019 RM1000 Company 2020 RM'000 2019 RM1000 Note 8,825 9,358 ASSETS Non-current assets Property, plant and equipment 5 Investment properties 6 Biological assets 7 Investment in subsidiaries 8 Intangible assets 9 Other receivable 10 13,468 10,906 24,820 14,423 11,287 24,520 8,563 592 8,674 716 24,820 20,922 8,563 592 24,520 21,000 8,674 716 Total non-current assets 58,349 59,620 63,722 64,268 11 744 744 2,942 2,942 5,610 10 3,557 3,586 87 5,589 87 Current assets Inventories Trade and other receivables Current tax assets Cash and short-term deposits Total current assets TOTAL ASSETS 12 1.765 594 1,566 482 6,153 9,146 5,983 9,013 64,502 68,766 69.705 73,281 2019 RM1000 Company 2020 RM'000 18,289 (14,212) 4,077 28,286 (20.752) 7,534 314 2.461 (3,291) (3.771) STATEMENTS OF COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 Group 2020 2019 Note RM'000 RM'000 Revenue 18 18,289 28,286 Cost of sales (14,212) (20,752) Gross profit 4,077 7,534 Other income 19 506 2,620 Administrative expenses (3,812) (4,139) Selling and distribution expenses (1) (138) Net impairment losses on financial instruments (68) (115) Other expenses (846) (493) Operating (loss profit (144) 5,269 Finance costs 20 (178) (207) (Loss)/Profit before tax 21 (322) 5,062 Income tax (expense)/credit 23 (387) 949 (Loss)/Profit for the financial year (709) 6,011 (1) (137) (546) 553 (178) 375 (115) 5,972 (207). 5,765 (429) (713) (54) 5,052 Other comprehensive income, net of tax Items that will not be reclassified subsequently to profit or loss Revaluation of property, plant and equipment Total comprehensive (loss)/income for the financial year 458 155 (709) 6,469 (54) 5,207 STATEMENTS OF COMPREHENSIVE INCOME FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 (continued) Group 2020 2019 RM'000 RM'000 Company 2020 RM'000 Note 2019 RM"000 (Loss)/Profit attributable to: Owners of the Company Non-controlling interests (54) 5,052 (443) (266) (709) 4,784 1,227 6,011 (54) 5,052 Total comprehensive (loss)/income attributable to: Owners of the Company Non-controlling interests (443) (266) 5,118 1,351 (54) 5,207 (709) 6,469 (54) 5,207 (Loss)Earnings per ordinary share attributable to owners of the Company - basic and diluted, (lossy earnings per ordinary share (sen) 24 (0.50) 5.37
