ANNUAL REPORT 2015 |
149
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015 (cont’d)
11. INTERESTS IN ASSOCIATES (cont’d)
(c) The reconciliation of net assets of the associates to the carrying amount of the investments in associates are as follows
(cont’d):
Braun
Verwaltungs
Other
-GmbH and
individually
Braun GmbH
immaterial
SGSB & Co. KG
PRCG associates
Total
2014
RM’000
RM’000
RM’000
RM’000
RM’000
Share of net assets/(liabilities) of the Group
658
(4,206)
416
(81)
(3,213)
Loan to an associate
-
4,855
-
-
4,855
Goodwill
-
7,276
-
-
7,276
Gain on dilution of interest
-
-
(461)
-
(461)
Unrecognised share of other reserves
-
(2,194)
-
-
(2,194)
Unrecognised share of losses of associates
-
5,161
45
81
5,287
-
15,098
(416)
81
14,763
Less: Share by non-controlling interests
-
(1,803)
-
-
(1,803)
-
13,295
(416)
81
12,960
658
9,089
-
-
9,747
Less: Impairment losses
-
(9,089)
-
-
(9,089)
Carrying amount in the statement of
financial position
658
-
-
-
658
Share of results of the Group
Share of loss of the Group
(1)
-
-
-
(1)
Share of other comprehensive
income of the Group
-
-
-
-
-
Share of total comprehensive loss
of the Group
(1)
-
-
-
(1)
Other information
Dividend received
-
-
-
-
-
(d) The unrecognised share of losses of associates amounted to RM1,787,000 (2014: RM4,520,000) in the current financial
year and RM7,074,000 (2014: RM5,287,000) cumulatively. The Group has stopped recognising its share of losses since
there is no further obligation in respect of those losses using the equity method of accounting.
