Yinson Annual Report 2021

264 YINSON HOLDINGS BERHAD SECTION 07 : ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 20. Investment in joint ventures (continued) Summarised financial information of the material joint ventures, based on its MFRS/IFRS financial statements are set out below: (continued) (ii) PTSC Asia Pacific Pte. Ltd. 2021 2020 RM million RM million Summarised statement of financial position: Current assets* 224 178 Non-current assets 230 330 Current liabilities (1) (9) Net assets 453 499 Proportion of the Group's ownership 49% 49% Group's share of net assets 222 244 Accumulated impairment loss (13) (13) Carrying amount of the investment 209 231 * Included in current assets is cash and bank balances of RM204 million (2020: RM96 million). 2021 2020 Summarised statement of comprehensive income: RM million RM million Revenue 34 75 Cost of sales* (54) (73) Other income** - 6 Administrative expenses (21) (1) (Loss)/Profit before tax (41) 7 Other comprehensive loss (8) (1) Total comprehensive (loss)/income (49) 6 Group's share of (loss)/profit for the financial year (20) 3 Group's share of other comprehensive loss (4) - Group's share of total comprehensive (loss)/income (24) 3 * Included in cost of sales is depreciation of RM46 million (2020: RM45 million). ** Included in other income is interest income of RM NIL (2020: RM1 million).