Yinson Annual Report 2020

268 Notes to the financial statements (cont’d) For the financial year ended 31 January 2020 Yinson Holdings Berhad SECTION 7 ACCOUNTABILITY 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. 2020 2019 RM’000 RM’000 Effective equity interest held by NCI 26% 26% Carrying value of NCI 286,464 300,890 Profit for the financial year attributable to NCI 49,407 29,304 Dividend paid to NCI 43,039 23,161 The summarised financial information before intercompany eliminations are as follows: As at 31 January Non-current assets 3,454,772 3,604,569 Current assets 524,119 588,313 Non-current liabilities (2,547,797) (2,745,372) Current liabilities (329,308) (290,240) Net assets 1,101,786 1,157,270 Financial year ended 31 January Revenue 566,229 578,343 Profit for the financial year 190,026 181,892 Other comprehensive (loss)/income (79,974) 67,694 Total comprehensive income 110,052 249,586 Cash flows generated from operating activities 304,058 569,110 Cash flows generated from/(used in) investing activities 60,956 (602) Cash flows used in financing activities (369,184) (428,581) Net (decrease)/increase in cash and cash equivalents (4,170) 139,927 The other subsidiaries of the Group which have non-controlling interest are individually not material.