notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
9 INVESTMENT IN ASSOCIATES (CONTINUED)
The following table summarises the information of the Group’s material associates and reconciles the information to the carrying amount of the Group’s interest in the
associates:
Group
Petra Energy
Berhad Group
Other individually
immaterial
associates
Total
RM'000
RM'000
RM'000
2014
Summarised financial information
As at 31 December
Non-current assets
525,380
Current assets
646,239
Non-current liabilities
(209,023)
Current liabilities
(370,438)
Net assets
592,158
Financial year ended 31 December
Revenue
638,632
Net profit/total comprehensive income
31,507
Reconciliation of net assets to carrying amount
As at 31 December
Group’s share of net assets
159,288
4,868
164,156
Goodwill
-
67
67
Carrying amount in statement of financial position
159,288
4,935
164,223
Group’s share of results
Financial year ended 31 December
Group’s share of profit and other comprehensive income/(loss)
7,587
(25)
7,562
Dividend received
880
-
880
107
Wah Seong Corporation Berhad • Annual Report 2014
