Yinson Annual Report 2018

20. INVESTMENT IN JOINT VENTURES (CONTINUED) (ii) PTSC Asia Pacific Pte. Ltd. (continued) 2018 2017 RM’000 RM’000 Summarised statement of comprehensive income: Revenue 173,984 305,578 Cost of sales (103,931) (162,927) Administrative expenses (379) 16 Finance costs (39,992) (38,353) Profit before tax 29,682 104,314 Income tax expense (13) (16) Profit for the financial year 29,669 104,298 Other comprehensive (loss)/income (93,504) 46,779 Total comprehensive (loss)/income (63,835) 151,077 Group’s share of profit for the financial year 14,538 51,106 Group’s share of other comprehensive (loss)/income (45,817) 22,922 Group’s share of total comprehensive (loss)/income (31,279) 74,028 (iii) Yinson Production West Africa Limited 2018 2017 RM’000 RM’000 Summarised statement of financial position: Current assets* 48,991 1,265 Current liabilities (45,111) (200) Net assets 3,880 1,065 Proportion of the Group’s ownership 49% 49% Carrying amount of the investment 1,901 522 * Included in current assets is cash and bank balances of RM1,936,000 (2017: RM493,000). Notes to the Financial Statements (Cont’d) For the financial year ended 31 January 2018 152 Yinson Holdings Berhad Annual Report 2018 Accountability