Page 53 - Annual report eng 2019

Tycoons Worldwide Group (Thailand) Plc.

12.Financial statements
1) Financial Report
('million THB)

Balance Sheet Consolidated Separate

Transactions 2019 2018 2017 2019 2018 2017

CURRENT ASSETS
Cash and cash equivalents 424.29 584.72 471.23 424.29 584.72 471.23
Trade and other receivables, net 572.92 826.83 744.69 572.92 826.83 744.69
Inventories - net 1,706.37 2,058.31 1,768.49 1,706.37 2,058.31 1,768.49
Other current assets 45.63 51.88 59.02 45.63 51.88 59.02
Total Current Assets 2,749.21 3,521.74 3,043.43 2,749.21 3,521.74 3,043.43
NON CURRENT ASSETS
Restricted bank deposit 60.00 60.00 60.00 60.00 60.00 60.00
Investment in a subsidiary - - - - - -
Investment in an associated 378.46 410.24 459.53 730.66 730.66 730.66
Other long-term investment 60.00 - - 60.00 - -
Property, plant and equipment-net 3,230.05 3,961.44 4,209.67 3,230.05 3,961.44 4,209.67
Intangible assets, net - - 0.78 - - 0.78
Deferred tax assets 25.60 55.87 62.89 25.60 55.87 62.89
Other non-current assets 11.16 11.10 13.52 11.16 11.10 13.52
Total Non-current Assets 3,765.27 4,498.65 4,806.40 4,117.47 4,819.07 5,077.52
Total assets 6,514.48 8,020.39 7,849.83 6,866.68 8,340.81 8,120.95
CURRENT LIABILITIES
Short-term loan from financial institutions 1,501.83 1,692.82 1,901.68 1,501.83 1,692.82 1,901.68
Trade payable 510.52 831.87 314.82 510.52 831.87 314.82
Current portion of long-term loans 56.31 32.00 111.00 56.31 32.00 111.00
Current portion of hire purchase creditors - 0.08 0.47 - 0.08 0.47
Other current liabilities 75.07 103.42 89.29 75.07 103.42 89.29
Total current liabilities 2,143.73 2,660.19 2,417.26 2,143.73 2,660.19 2,417.26
NON-CURRENT LIABILITIES
Hire purchase creditors - - 0.08 - - 0.08
Long-term loan 46.00 78.00 46.00
Provision of long-term employee benefits 37.05 22.64 20.19 37.05 22.64 20.19
Total Non-current liabilities 78.82 68.64 98.27 78.82 68.64 98.27
Total liabilities 2,222,55 2,728.83 2,515.53 2,222,55 2,728.83 2,515.53

SHAREHOLDERS’ EQUITY
Authorized596,748,900common shares,
Bath 10 par value 5,967.49 5,967.49 5,967.49 5,967.49 5,967.49 5,967.49
Issued 596,748,900 common shares, fully
paid 5,967.49 5,967.49 5,967.49 5,967.49 5,967.49 5,967.49
Premium common shares - - - - - -
Premium on treasury stock 20.02 20.02 20.02 20.02 20.02 20.02
Translation adjustment - - 7.27 - - -
Retained Earnings -1,695.58 -695.95 -660.48 -1,343.38 -375.53 -382.09
Treasury ordinary shares - - - - - -
Total shareholders' equity 4,291.93 5,291.56 5,334.30 4,644.13 5,611.98 5,605.42
Total liabilities and shareholders' equity 6,514.48 8,020.39 7,849.83 6,866.68 8,340.81 8,120.95

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