Yinson Annual Report 2019

169 Yinson Group Overview Strategy and Sustainability Governance Accountability Annual General Meeting 19. INVESTMENT IN SUBSIDIARIES (CONTINUED) (b) Non-controlling interests in subsidiaries The Group’s subsidiary that has a material non-controlling interest (“NCI”), based on effective equity interest are as follows: Yinson Production (West Africa) Pte. Ltd. RM’000 2019 Effective equity interest held by NCI 26% Carrying value of NCI 300,890 Profit for the financial year attributable to NCI 29,304 Dividend paid to NCI 23,161 The summarised financial information before intercompany eliminations are as follows: As at 31 January 2019 Non-current assets 3,604,569 Current assets 588,313 Non-current liabilities (2,745,372) Current liabilities (290,240) Net assets 1,157,270 Financial year ended 31 January 2019 Revenue 578,343 Profit for the financial year 181,892 Other comprehensive income 67,694 Total comprehensive income 249,586 Cash flows generated from operating activities 569,110 Cash flows used in investing activities (602) Cash flows used in financing activities (428,581) Net increase in cash and cash equivalents 139,927 The other subsidiaries of the Group which have non-controlling interest are individually not material. 2018 None of the Group’s subsidiaries had material NCI individually or in aggregate to the financial position, financial performance and cash flows of the Group in the previous financial year.