Wah Seong Corporation Berhad Annual Report 2018

8 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. The information have been adjusted to reflect the equity method of accounting, including fair value adjustments: Evraz Wasco Other Petra Pipe individually Energy Protection immaterial Berhad Corporation associates Total Group RM’000 RM’000 RM’000 RM’000 2018 Summarised financial information As at 31 December Non-current assets 315,565 175,867 Current assets 320,674 46,678 Non-current liabilities (19,383) - Current liabilities (289,922) (30,874) Net assets 326,934 191,671 Financial year ended 31 December Revenue 467,424 122,451 Net (loss)/profit (26,277) 17,381 Other comprehensive income 2,587 - Total comprehensive (expense)/income (23,690) 17,381 Reconciliation of net assets to carrying amount As at 31 December Group’s share of net assets 87,945 93,919 27 181,891 Goodwill - - 68 68 Reclass to other payables - - 70 70 Carrying amount in statement of financial position 87,945 93,919 165 182,029 Group’s share of results Financial year ended 31 December Group’s share of (loss)/profit (7,069) 8,517 (278) 1,170 Group’s share of other comprehensive income 696 - - 696 Dividend receivable/received - - 257 257 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 ANNUAL REPORT 2018 131