297 ANNUAL REPORT 2022 ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2022 19. Investment in subsidiaries (continued) (b) Non-controlling interests in subsidiaries (continued) (ii) Yinson Boronia Consortium Pte. Ltd. and its subsidiaries 2022 2021 RM million RM million Effective equity interest held by NCI 25% 25% Carrying value of NCI 352 256 Profit for the financial year attributable to NCI 55 63 The summarised financial information before intercompany eliminations are as follows: As at 31 January Non-current assets 5,169 2,224 Current assets 900 164 Non-current liabilities (4,106) (630) Current liabilities (517) (691) Net assets 1,446 1,067 Financial year ended 31 January Revenue 2,223 2,311 Profit for the financial year 214 249 Other comprehensive loss - (1) Total comprehensive income 214 248 Cash flows used in operating activities (1,858) (1,218) Cash flows used in investing activities (830) (4) Cash flows generated from financing activities 3,363 1,302 Net increase in cash and cash equivalents 675 80 Refer to Note 46 for summary of effects of changes in ownership interest in a subsidiary that did not result in loss of control. The other subsidiaries of the Group which have non-controlling interests are individually not material.
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