Yinson Annual Report 2020

271 Annual Report 2020 20. Investment in joint ventures (continued) (i) PTSC South East Asia Pte. Ltd. (continued) 2020 RM’000 2019 RM’000 Summarised statement of comprehensive income: Revenue 44,923 60,473 Cost of sales* (45,097) (44,211) Interest income 793 654 Administrative expenses (155) (215) Finance costs - (637) Profit before tax 464 16,064 Income tax expense (2,312) (3,077) Loss/(profit) for the financial year (1,848) 12,987 Other comprehensive (loss)/income (478) 26,339 Total comprehensive (loss)/income (2,326) 39,326 Group’s share of (loss)/profit for the financial year (906) 6,364 Group’s share of other comprehensive (loss)/income (234) 12,906 Group’s share of total comprehensive (loss)/income (1,140) 19,270 Dividend received from joint venture 14,210 30,101 * Included in cost of sales is depreciation of RM44,860,000 (2019: RM43,892,000). (ii) PTSC Asia Pacific Pte. Ltd. 2020 RM’000 2019 RM’000 Summarised statement of financial position: Current assets* 177,684 146,290 Non-current assets 329,605 374,720 Current liabilities (8,568) (1,783) Net assets 498,721 519,227 Proportion of the Group’s ownership 49% 49% Group’s share of net assets 244,373 254,421 Accumulated impairment loss (12,892) (12,892) Carrying amount of the investment 231,481 241,529 * Included in current assets is cash and bank balances of RM95,504,000 (2019: RM76,297,000).