ANNUAL REPORT 2015 |
145
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015 (cont’d)
10. INVESTMENTS IN SUBSIDIARIES (cont’d)
(f) The summarised financial information before intra-group elimination of the subsidiaries that have material NCI as at the
end of each reporting period are as follows (cont’d):
Mcore
VRD
NSSB
AMSB
Jeco
2014
RM’000
RM’000
RM’000
RM’000
RM’000
Assets and liabilities
Non-current assets
-
1,144
322
-
17,334
Current assets
76
11,398
2,219
1
50,064
Non-current liabilities
-
(30)
-
-
(3,962)
Current liabilities
(799)
(3,072)
(580)
(1,271)
(41,605)
Net (liabilities)/assets
(723)
9,440
1,961
(1,270)
21,831
Results
Revenue
-
22,681
5,067
-
137,547
(Loss)/Profit for the financial year
(14)
643
478
(9)
19,161
Total comprehensive (loss)/income
(14)
643
478
(9)
18,682
Cash flows (used in)/from operating activities
(10)
533
102
(9)
17,303
Cash flows used in investing activities
-
(667)
(58)
-
(8,762)
Cash flows (used in)/from financing activities
(95)
(1,111)
298
8
(14,995)
Net (decrease)/increase in
cash and cash equivalents
(105)
(1,245)
342
(1)
(6,454)
Dividends paid to NCI
-
188
-
-
4,596
11. INTERESTS IN ASSOCIATES
Group
Company
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
Unquoted equity shares, at cost
4,894
4,894
-
-
Share of post acquisition losses, net of dividends received
(211)
(2)
-
-
Loan to an associate
(1)
4,855
4,855
-
-
9,538
9,747
-
-
Less: Impairment losses
(9,441)
(9,089)
-
-
97
658
-
-
(1)
In the previous financial years, the Group provided a loan to an associate (refer to Note 15(a) to the financial statements)
of which the fair value at initial recognition based on prevailing market interest rate was lower than its transaction price.
The difference between the transaction price and the fair value of the loan to an associate was recognised as part of the
interests in the associates of the Group.
