Yinson Annual Report 2019

175 Yinson Group Overview Strategy and Sustainability Governance Accountability Annual General Meeting 21. INVESTMENT IN ASSOCIATES (CONTINUED) Floating Operations & ProductionWest Africa Ltd (“FOPWAL”) The Group’s interest in FOPWAL is accounted for using the equity method in the consolidated financial statements. The financial statements of FOPWAL for the financial year ended 31 December 2018 have been used in applying the equity method of accounting as allowed by Paragraph 34 of MFRS 128 Investments in Associates and Joint Ventures. There is no significant transaction or event that occurred between 31 December 2018 and the reporting date and hence no adjustment has been made for the current and previous financial years. The summarised financial information of investment in associates are not presented as these investments are individually immaterial to the Group. 22. OTHER INVESTMENTS Group 2019 2018 RM’000 RM’000 Financial assets at fair value through profit or loss Investment funds: - In Malaysia 20,262 79,901 - Outside Malaysia 51,964 – 72,226 79,901 Current 72,226 79,901 23. INVENTORIES Group 2019 2018 RM’000 RM’000 Consumables 9,926 4,378