notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
10 INVESTMENT IN JOINT VENTURES (CONTINUED)
The following table summarises the information of the Group’s material joint ventures and reconciles the information to the carrying amount of the Group’s interest in
the joint ventures:
Group
Alam-PE
Holdings
(L) Inc.
Bayou
Wasco
Insulation, LLC
Boustead
Wah Seong
Sdn. Bhd.
Other individually
immaterial
joint ventures
Total
RM'000
RM'000
RM'000
RM'000
RM'000
2014
Summarised financial information
As at 31 December
Non-current assets
238,127
77,813
57,644
Current assets
31,553
20,821
7,364
Cash and cash equivalents
20,241
1,793
8,951
Non-current liabilities
(34,143)
(75,516)
(7,084)
Current liabilities
(42,440)
(17,171)
(16,445)
Current financial liabilities
(excluding trade and other payables
and provisions)
-
-
(649)
Financial year ended 31 December
Net profit or loss
27,442
(9,220)
(760)
Other comprehensive (expense)/income
(1,794)
(426)
1,484
Total comprehensive income/(expense)
25,648
(9,646)
724
Included in the total comprehensive
income/(expense) are:
Revenue
72,669
17,618
13,978
Interest income
242
-
-
Depreciation and amortisation
(11,516)
(1,988)
(5,346)
Interest expense
(4,963)
(4,517)
(411)
111
Wah Seong Corporation Berhad • Annual Report 2014
