Press Metal Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS Cont’d 8. Investments in associates cont’d The following table summarises the information of the Group’s material associates, adjusted for any differences in accounting policies and reconciles the summarised financial information to the carrying amount of the Group’s interest in the associates. 2022 PMBT Sunstone PT BAI Total RM’000 RM’000 RM’000 RM’000 Summarised financial information As at 31 December Non-current assets 1,006,566 355,370 4,024,680 Current assets 714,734 698,490 1,686,963 Non-current liabilities (259,036) (84,396) (1,660) Current liabilities (547,009) (613,610) (548,767) Net assets 915,255 355,854 5,161,216 Year ended 31 December Total profit and other comprehensive income for the year 118,198 79,765 543,504 Included in the total comprehensive income is: Revenue 1,182,214 1,367,208 2,053,757 Reconciliation of net assets to carrying amount as at 31 December Group’s share of net assets 199,526 71,171 1,290,304 Elimination of unrealised profits (2,401) (3,379) (11,625) Carrying amount in the statement of financial position 197,125 67,792 1,278,679 1,543,596 Group’s share of results for the year ended 31 December Group’s share of profit and other comprehensive income 22,616 15,913 135,876 174,405 Other information Dividends received by the Group 2,148 2,540 - ANNUAL REPORT 2022 250

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