PRG Holdings Berhad Annual Report 2018

11. INVESTMENTS IN JOINT VENTURES (continued) The summarised financial information of the joint ventures, adjusted for any differences in accounting policies, and a reconciliation to the carrying amount in the consolidated financial statements, are as follows (continued): TNV RM’000 2017 Assets and liabilities Non-current assets 195 Current assets 2,285 Current liabilities (261) Net assets 2,219 Proportion of the ownership of the Group 50% Carrying amount of the investment in a joint venture 1,109 Results Revenue 3,644 Profit before tax 681 Tax expense (118) Profit after tax 563 Other comprehensive loss (175) Total comprehensive income 388 Share of results by the Group for the financial year Share of profit by the Group for the financial year 282 Share of other comprehensive loss by the Group for the financial year (88) 194 Other information Dividend income 440 The reconciliation of net assets of the joint ventures to the carrying amount of the investments in joint ventures are as follows: Group 2018 2017 RM’000 RM’000 Share of net assets 1,160 1,109 Goodwill 3,939 - Carrying amount in the statement of financial position 5,099 1,109 The joint ventures had no contingent liabilities and capital commitments as at 31 December 2018 and 31 December 2017. 2018 A N N U A L R E P O R T 126 notes to the financial statements 31 December 2018 (continued)