Statements Of Profit Or Loss And Other 53 Comprehensive Income for the financial year ended 31 December 2019 Group Company 2019 2018 2019 2018 NOTE RM RM RM RM Revenue 20 254,066,143 253,819,040 25,000,000 20,000,000 Cost of sales (180,470,870) (186,026,026) Gross profit 73,595,273 67,793,014 25,000,000 20,000,000 Other income 21 10,045,883 6,978,175 Net gain/(loss) on impairment of financial instruments 23 577.482 1,023,405 (44,968) Distribution costs (12,663,384) (12,334,754) Administrative expenses (24,218,407) (23,696,446) (1,119,262) (8,724,692) Finance cost 22 (21,268 Profit before taxation 23 47,315,579 39,763,394 23,835,770 11,275,308 Taxation (11,583,528) (8,837,247 (150) Profit for the financial year 35,732,051 30,926,147 23,835,620 11,275,308 Other comprehensive income/(loss): Items that are or may be reclassified subsequently to profit or loss Exchange translation differences for foreign operations 1,547 (3,294) Other comprehensive income/(loss) for the financial year 1,547 (3,294) Total comprehensive income for the financial year 35,733,598 30,922,853 23,835,620 11,275,308 Profit for the financial year attributable to: Owners of the Company 35,732,051 30,926,147 23,835,620 11,275,308 Total comprehensive income attributable to: Owners of the Company 35,733,598 30,922,853 23,835,620 11,275,308 Earnings per share Basic and diluted earnings per ordinary share (sen) 26 15.62 13.52Statements Of Profit Or Loss And Other 53 Comprehensive Income for the financial year ended 31 December 2019 Group Company 2019 2018 2019 2018 NOTE RM RM RM RM Revenue 20 254,066,143 253,819,040 25,000,000 20,000,000 Cost of sales (180,470,870) (186,026,026) Gross profit 73,595,273 67,793,014 25,000,000 20,000,000 Other income 21 10,045,883 6,978,175 Net gain/(loss) on impairment of financial instruments 23 577.482 1,023,405 (44,968) Distribution costs (12,663,384) (12,334,754) Administrative expenses (24,218,407) (23,696,446) (1,119,262) (8,724,692) Finance cost 22 (21,268 Profit before taxation 23 47,315,579 39,763,394 23,835,770 11,275,308 Taxation (11,583,528) (8,837,247 (150) Profit for the financial year 35,732,051 30,926,147 23,835,620 11,275,308 Other comprehensive income/(loss): Items that are or may be reclassified subsequently to profit or loss Exchange translation differences for foreign operations 1,547 (3,294) Other comprehensive income/(loss) for the financial year 1,547 (3,294) Total comprehensive income for the financial year 35,733,598 30,922,853 23,835,620 11,275,308 Profit for the financial year attributable to: Owners of the Company 35,732,051 30,926,147 23,835,620 11,275,308 Total comprehensive income attributable to: Owners of the Company 35,733,598 30,922,853 23,835,620 11,275,308 Earnings per share Basic and diluted earnings per ordinary share (sen) 26 15.62 13.5252 Statements Of Financial Position as at 31 December 2019 Group Company 2019 2018 2019 2018 NOTE RM RM RM RM ASSETS Non-Current Assets Property, plant and equipment 63,037,243 103,677,524 Investment properties 1,637,805 1,740,045 Right-of-use assets 37,795,601 Investment in subsidiary companies 33,986,734 34,332,168 102,470,649 105,417.569 33,986,734 34,332,168 Current Assets Inventories 35,099,064 36,157,687 Trade receivables 48,742,620 43,696,703 Other receivables 21,107,230 8, 164,821 1.000 1.000 Amounts due from subsidiary companies 11 108,414,710 107,023,080 Tax recoverable 1,123,051 1,364,886 12,840 62,814 Deposits, cash and bank balances 12 85,329,726 87,416,845 191,401,691 176,800,942 108,428,552 107,086,896 Total Assets 293,872,340 282,218,511 142,415,286 141,419.064 EQUITY Share capital 13 130,154,539 130,154,539 130,154,539 130,154,539 Reserves 14 118,889,267 106,043,380 11,756,942 10,801,322 Total equity attributable to owners of the Company 249,043,806 236,197.919 141,911,481 140,955,861 LIABILITIES Non-Current Liabilities Lease liabilities 15 265,804 Deferred tax liabilities 16 5,905,678 7.452.228 6,171,482 7.452,228 Current Liabilities Bank borrowings 17 5,843,427 Trade payables 18 20,329,363 27,765,771 Other payables 19 10,259,832 10,273,789 503,805 463,203 Tax payable 1,772,467 528,804 Lease liabilities 16 451,963 38,657,052 38,568,364 503,805 463,203 Total Liabilities 44,828,534 46,020,592 503,805 463,203 Total Equity and Liabilities 293,872,340 282,218,511 142.415,286 141,419,064 The accompanying notes form an integral part of the financial statements. Cocoaland Holdings Barhad Begun 00041813413 andits Annual Report 201952 Statements Of Financial Position as at 31 December 2019 Group Company 2019 2018 2019 2018 NOTE RM RM RM RM ASSETS Non-Current Assets Property, plant and equipment 63,037,243 103,677,524 Investment properties 1,637,805 1,740,045 Right-of-use assets 37,795,601 Investment in subsidiary companies 33,986,734 34,332,168 102,470,649 105,417.569 33,986,734 34,332,168 Current Assets Inventories 35,099,064 36,157,687 Trade receivables 48,742,620 43,696,703 Other receivables 21,107,230 8, 164,821 1.000 1.000 Amounts due from subsidiary companies 11 108,414,710 107,023,080 Tax recoverable 1,123,051 1,364,886 12,840 62,814 Deposits, cash and bank balances 12 85,329,726 87,416,845 191,401,691 176,800,942 108,428,552 107,086,896 Total Assets 293,872,340 282,218,511 142,415,286 141,419.064 EQUITY Share capital 13 130,154,539 130,154,539 130,154,539 130,154,539 Reserves 14 118,889,267 106,043,380 11,756,942 10,801,322 Total equity attributable to owners of the Company 249,043,806 236,197.919 141,911,481 140,955,861 LIABILITIES Non-Current Liabilities Lease liabilities 15 265,804 Deferred tax liabilities 16 5,905,678 7.452.228 6,171,482 7.452,228 Current Liabilities Bank borrowings 17 5,843,427 Trade payables 18 20,329,363 27,765,771 Other payables 19 10,259,832 10,273,789 503,805 463,203 Tax payable 1,772,467 528,804 Lease liabilities 16 451,963 38,657,052 38,568,364 503,805 463,203 Total Liabilities 44,828,534 46,020,592 503,805 463,203 Total Equity and Liabilities 293,872,340 282,218,511 142.415,286 141,419,064 The accompanying notes form an integral part of the financial statements. Cocoaland Holdings Barhad Begun 00041813413 andits Annual Report 2019