Yinson Annual Report 2018
20. INVESTMENT IN JOINT VENTURES (CONTINUED) (iii) Yinson Production West Africa Limited (continued) 2018 2017 RM’000 RM’000 Summarised statement of comprehensive income: Revenue 75,902 – Cost of sales (92,651) – Other income 26,610 – Administrative expenses (1,739) (179) Finance costs (848) – Profit/(loss) before tax 7,274 (179) Income tax expense (4,060) – Profit/(loss) for the financial year 3,214 (179) Other comprehensive (loss)/income (398) 66 Total comprehensive income/(loss) 2,816 (113) Group’s share of profit/(loss) for the financial year 1,575 (88) Group’s share of other comprehensive (loss)/income (195) 32 Group’s share of total comprehensive income/(loss) 1,380 (56) (iv) Anteros Rainbow Offshore Pte. Ltd. 2018 2017 RM’000 RM’000 Summarised statement of financial position: Current assets* – 931 Non-current assets – 247,682 Current liabilities – (103,213) Net assets – 145,400 Proportion of the Group’s ownership – 51% Carrying amount of the investment – 74,154 * Included in current assets in the previous financial year was cash and bank balances of RM83,000. Corporate Overview Stewardship Governance Accountability 153 Yinson Holdings Berhad Annual Report 2018
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