WASCO BERHAD 232 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 9 INVESTMENT IN ASSOCIATES (CONTINUED) The following table summarises the information of the Group’s material associates and reconciles the information to the carrying amount of the Group’s interest in the associates. The information has been adjusted to reflect the equity method of accounting, including fair value adjustments (continued): Group Petra Energy Berhad RM’000 Evraz Wasco Pipe Protection Corporation RM’000 2023 Summarised financial information As at 31 December Non-current assets 274,722 46,304 Current assets 399,252 171,917 Non-current liabilities (5,397) - Current liabilities (250,161) (101,067) Net assets 418,416 117,154 Financial year ended 31 December Revenue 553,315 - Net profit 60,325 29,803 Total comprehensive income 60,325 93,733
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