Financial Position

Max Myanmar Group of Companies
Consolidated Statement of Financial Position at 31st March 2014 and 2015
FY2015 FY2014
Biological assets US$000 US$000
Property, plant and equipment 282,741 210,832
Intangible assets 44,843 37,932
Deposits 159 167
Prepaid and Leases 27 16
Other Long-term Receivables 223 223
Non-Current Assets 327,993 249,170
Contract Work-in-progress 19,675 18,798
Inventories 17,294 22,516
Accounts Receivable(Trade & Other) 39,799 75,613
Cash and Cash Equivalent 7,742 12,522
Current Assets 84,510 129,449
Total Assets 412,503 378,619
Accounts Payable(Trade & Other) 27,528 18,027
Income Tax Payables 17,204 10,409
Short-term Loans 4,937 177
Bank Overdraft 7,783 8,272
Amount due to shareholder 11,042 36,349
Current Liabilities 68,494 73,234
Long-term Loans 82,363 49,700
Non-Current Liabilities 82,363 49,700
Total Liabilities 150,857 122,934
Net Assets/Shareholder’s fund 261,646 255,685

*Figures based on Deloitte-MVG financial performance review report.

*Amount subject to further change.

*Exchange rate (1USD = 1000MMK)