Annual Report 2020

Group Company Note 2020 RM'000 2019 RM'000 2020 RM'000 2019 RM'000 Less: Current liabilities Trade and other payables 26 2,307,125 2,175,150 7,209 1,838 Aircraft maintenance provisions and liabilities 27 711,764 572,312 - - Sales in advance 2.22.1 933,376 1,182,155 - - Amounts due to subsidiaries 22 - - 462,178 - Amounts due to associates 23 35,907 151,812 - 8 Amounts due to related parties 24 49,923 260,354 - - Borrowings 28 1,016,312 342,152 - - Lease liabilities 29 3,247,138 2,271,662 - - Tax payables 25,629 52,895 1,627 - Derivative financial instruments 20 134,655 126,977 - - 8,461,829 7,135,469 471,014 1,846 Net current (liabilities)/assets (5,902,488) (1,843,106) 76,058 378,860 Non-current liabilities Other payables 26 273,455 320,455 - - Aircraft maintenance provisions and liabilities 27 4,857,292 4,720,621 - - Deferred tax liabilities 17 18,132 84,279 - - Borrowings 28 272,557 86,714 - - Lease liabilities 29 9,188,102 10,188,139 - - Derivative financial instruments 20 64,818 73,350 - - Provision for retirement benefits 30 97,667 74,951 - - 14,772,023 15,548,509 - - (3,569,794) 2,910,740 8,546,890 8,950,736 Capital and reserves Share capital 31 8,023,268 8,023,268 8,023,268 8,023,268 Merger deficit 32 (5,507,594) (5,507,594) - - Foreign exchange reserve (57,378) 171,137 - - (Accumulated losses)/retained earnings 33 (3,447,215) 1,664,452 605,523 867,123 Other reserves 34 (225,368) 147,067 (81,901) 60,345 Total shareholders' (deficit)/funds (1,214,287) 4,498,330 8,546,890 8,950,736 Non-controlling interests 12 (2,355,507) (1,587,590) - - Total equity (3,569,794) 2,910,740 8,546,890 8,950,736 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. 181 ANNUAL REPORT 2020