Yinson Annual Report 2020

273 Annual Report 2020 20. Investment in joint ventures (continued) (iii) Yinson Production West Africa Limited (continued) Summarised statement of comprehensive income: 2020 2019 RM’000 RM’000 Revenue 191,903 193,541 Cost of sales* (144,915) (184,149) Other income 9,567 18 Administrative expenses (28,224) (4,113) Finance costs (4,560) (5,526) Profit/(loss) before tax 23,771 (229) Income tax expense (8,609) (6,580) Profit/(loss) for the financial year 15,162 (6,809) Other comprehensive (loss)/income (179) 105 Total comprehensive income/(loss) 14,983 (6,704) Group’s share of profit/(loss) for the financial year 7,429 (3,336) Group’s share of other comprehensive (loss)/income (88) 51 Group’s share of total comprehensive income/(loss) 7,341 (3,285) * Included in cost of sales is depreciation of RM1,344,000 (2019: RM406,000). (iv) Investment in other joint ventures The summarised financial information of investment in other joint ventures are not presented as these investments are individually immaterial to the Group. 21. Investment in associates Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Unquoted shares, at cost: - Outside Malaysia 157 157 - - Share of post-acquisition reserves 2,500 2,500 - - Share of foreign currency translation reserve (943) (939) - - 1,714 1,718 - -