91
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
12. INVESTMENTS IN SUBSIDIARIES (CONT’D)
The summarised financial information (before intra-group elimination) for each subsidiary that has non-
controlling interests that are material to the Group is as follows:-
Ares Green Technology
Corporation
2014
2013
RM
RM
At 31 December
Non-current assets
56,341,125
52,270,713
Current assets
54,081,905
48,642,529
Non-current liabilities
(7,836,545)
(11,090,658)
Current liabilities
(32,996,213)
(27,456,192)
Net assets
69,590,272
62,366,392
Financial year ended 31 December
Revenue
92,267,164
65,729,817
Profit for the financial year
11,677,553
6,520,459
Total comprehensive income
11,720,560
9,252,435
Total comprehensive income attributable
to non-controlling interests
4,932,011
4,236,951
Dividends paid to non-controlling interests
(1,892,123)
(409,315)
Net cash from operating activities
13,317,114
18,819,565
Net cash for investing activities
(5,363,664)
(3,078,129)
Net cash for financing activities
(8,664,316)
(12,696,259)
TTES Frontken Integrated
Services Sdn. Bhd.
(formerly known as
TTES Team &
Specialist Sdn. Bhd.)
2014
2013
RM
RM
At 31 December
Non-current assets
2,854,375
–
Current assets
8,444,495
–
Non-current liabilities
(359,046)
–
Current liabilities
(4,978,812)
–
Net assets
5,961,012
–
Financial period from 1 June to 31 December
Revenue
19,791,906
–
Profit for the financial year
2,435,650
–
Total comprehensive income
2,435,650
–
