2019 UEM Edgenta Annual Report

206 207 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION Notes to the Financial Statements For the year ended 31 December 2019 Notes to the Financial Statements For the year ended 31 December 2019 UEM Edgenta Berhad Annual Report 2019 17. INVESTMENT IN SUBSIDIARIES (CONT’D.) Summarised financial information Summarised financial information of Rimbunan Melati Sdn. Bhd. (“Rimbunan Melati”), Edgenta UEMS Group (“UEMS Group”), and EGT, which have non-controlling interests that are material to the Group, is set out below. The summarised financial information presented below is the amount before inter-company elimination. The non-controlling interests in respect of other entities within the Group are not material to the Group. (i) Summarised statements of financial position Rimbunan Melati UEMS Group EGT Total 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Non-current assets - - 14,155 7,909 124,854 139,539 139,009 147,448 Current assets 11,865 24,339 264,535 236,354 170,810 123,889 447,210 384,582 Total assets 11,865 24,339 278,690 244,263 295,664 263,428 586,219 532,030 Non-current liabilities - - 1,195 1,759 100,389 105,975 101,584 107,734 Current liabilities 524 11,594 156,197 125,808 72,914 52,938 229,635 190,340 Total liabilities 524 11,594 157,392 127,567 173,303 158,913 331,219 298,074 Net assets 11,341 12,745 121,298 116,696 122,361 104,515 255,000 233,956 Equity attributable to owners of the Company 6,238 7,010 118,266 113,779 122,361 104,515 246,865 225,304 Non-controlling interests 5,103 5,735 3,032 2,917 -* -* 8,135 8,652 * At each reporting date, the non-controlling interest is derecognised against the equity arising from the put option issued to the non-controlling interest as if it was acquired at that date (Note 35(a)). 17. INVESTMENT IN SUBSIDIARIES (CONT’D.) Summarised financial information (cont’d.) (ii) Summarised statements of comprehensive income Rimbunan Melati UEMS Group EGT Total 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Revenue - - 648,062 526,166 134,900 102,796 782,962 628,962 (Loss)/profit for the year, representing total comprehensive (loss)/income for the year (1,334) (340) 43,362 44,407 17,965 13,691 59,993 57,758 Attributable to: - owners of the Company (734) (187) 42,278 43,297 14,372 10,953 55,916 54,063 - non-controlling interests (600) (153) 1,084 1,110 3,593 2,738 4,077 3,695 (1,334) (340) 43,362 44,407 17,965 13,691 59,993 57,758 Dividend paid to non-controlling interests - - - - - - - -