Page 144 - KWAP_Integrated-Report_2023

enricHing national Progress ENRICHING SUSTAINABLE RETURNS

statements of financial Position

as at 31 december 2023

Group KWAP
31 December 31 December 31 December 31 December
2023 2022 2023 2022
Note RM’000 RM’000 RM’000 RM’000

Current Liabilities
derivative financial liabilities 19 47,332 - 46,988 -
trade payables 23 168,729 2,422,937 155,223 2,371,761
other payables and accruals 24 311,049 310,558 146,623 137,346
deferred income 83,272 50,635 - -
borrowings 25 812,808 279,184 - -
lease liabilities 26 2,651 2,399 8,388 -
1,425,841 3,065,713 357,222 2,509,107
Net Current Assets 9,083,606 13,849,651 8,999,989 13,737,024
170,920,491 159,203,692 169,872,075 158,105,707

Financed By:
allocation of statutory funds 27 28,501,944 28,001,944 28,501,944 28,001,944
pension contributions 28 64,068,944 61,877,619 64,068,944 61,877,619
Withdrawal by federal government 29 (20,500,000) (17,500,000) (20,500,000) (17,500,000)
retained earnings 30 102,242,200 92,791,732 102,397,981 92,747,131
other reserves 31 (55,987) (59,215) - -
foreign exchange reserves 31 249,274 (77,903) - -
fair Value through other comprehensive
income reserves 31 (4,647,311) (7,025,999) (4,647,311) (7,025,999)
169,859,064 158,008,178 169,821,558 158,100,695

Non-Current Liabilities
derivative financial liabilities 19 3,301 800 - -
deferred tax liabilities 32 15 22 - -
employee benefits 33 5,698 5,012 5,698 5,012
lease liabilities 26 79,064 110,139 44,819 -
long term deposit 13,491 7,161 - -
borrowings 25 959,858 1,072,380 - -
170,920,491 159,203,692 169,872,075 158,105,707

the accompanying accounting policies and explanatory notes form an integral part of the financial statements.

142 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INTEGRATED REPORT 2023