PRG Holdings Berhad Annual Report 2019

PRG HOLDINGS BERHAD 132 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 cont’d 11. INVESTMENTS IN ASSOCIATES (continued) The summarised financial information of the associates are as follows (continued): Furnitech EPC Other immaterial associates Total 2018 RM’000 RM’000 RM’000 RM’000 Results Revenue 5,771 1,643 2,956 10,370 Loss for the financial year (2,284) (215) (343) (2,842) Other comprehensive loss (70) - - (70) Total comprehensive loss (2,354) (215) (343) (2,912) Share of results by the Group for the financial year Share of losses by the Group for the financial year (1,029) (56) (84) (1,169) Share of other comprehensive loss by the Group for the financial year (32) - - (32) The reconciliation of net assets of the associates to the carrying amount of the investments in associates are as follows: Furnitech EPC Skilltrain Other immaterial associates Total RM’000 RM’000 RM’000 RM’000 RM’000 2019 Share of net assets/(liabilities) 334 (33) - 118 419 Goodwill 3,244 3,353 - - 6,597 Less: Impairment loss (3,244) (1,386) - (118) (4,748) Less: Reclassification to disposal group classified as held for sale (334) - - - (334) Carrying amount in the statements of financial position - 1,934 - - 1,934 2018 Share of net assets 931 341 - 132 1,404 Goodwill 3,244 3,353 - - 6,597 Less: Impairment loss - - - (118) (118) Carrying amount in the statements of financial position 4,175 3,694 - 14 7,883

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