Total assets.pdf - Total assets 2017(RM'000 2018(RM'000 4,409,564 4,646,706 Total Assets in Statement of Financial Position in Year 2017 2018 4,700,000

Total assets.pdf - Total assets 2017(RM'000 2018(RM'000...

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8 Total assets Based on the total assets of year 2017 and 2018 of AEON CO.(M) BHD as shown above, it is RM4,409,564 thousand in year 2017 and RM4,646,706 thousand in year 2018. The amount of assets in year 2018 has increased as compared to year 2017. The reason why the total assets has increased is because the amount of property, plants and equipment increase. Property, plants and equipment are tangible assets and it includes company’s long -term or fixed assets. The company selling their unused assets at the current market value in higher prices to give a gain on disposal. The unused assets can be deployed to build current operation, such as boosting marketing campaign or acquiring new equipment that improves productivity. It shows that company is utilizing its assets to generate a profit effectively. 4,250,000 4,300,000 4,350,000 4,400,000 4,450,000 4,500,000 4,550,000 4,600,000 4,650,000 4,700,000 2017 2018 Total Assets in Statement of Financial Position in Year 2017 & 2018 2017(RM'000) 2018(RM'000) 4,409,564 4,646,706
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9 Besides, the increasing of other investments is one of the reason causes the total assets increase in year 2018. Investment
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