CAHYA MATA SARAWAK ANNUAL REPORT 2016

www.cmsb .com.my Cahya Mata Sarawak Berhad 146 Section 07 Financial StatementS NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2016 19. INVESTMENTS IN SUBSIDIARIES (CONT'D.) (c) Non-controlling interests in subsidiaries The Group’s subsidiaries that have material non-controlling interests are set out below. The summarised financial information presented below is the amount before inter-company elimination. PPES Works (Sarawak) Sdn. Bhd. (Group) CMS Land Sdn. Bhd. CMS Resources Sdn. Bhd. (Group) 2016 RM’000 RM’000 RM’000 Summarised Statements of Financial Position As at 31 December Non-current assets 3,478 20,907 59,452 Current assets 269,447 164,429 355,172 Total assets 272,925 185,336 414,624 Current liabilities 71,298 73,670 168,599 Non-current liabilities 11 5,326 563 Total liabilities 71,309 78,996 169,162 Net assets 201,616 106,340 245,462 Equity attributable to owners of the Company 101,338 51,468 138,603 Non-controlling interests 100,278 54,872 106,859 Summarised Statements of Profit or Loss and Other Comprehensive Income Year ended 31 December Revenue 158,451 60,892 476,270 Profit for the year 19,588 9,155 75,649 Profit attributable to owners of the Company 10,034 4,669 63,359 Profit attributable to non-controlling interests 9,554 4,486 12,290 Dividends paid to non-controlling interests 7,938 - 14,686 Summarised Statements of Cash Flows Net cash from operating activities 1,532 6,274 71,632 Net cash from/(used in) investing activities 9,312 - (8,039) Net cash (used in)/from financing activities (13,200) 600 (33,881) Net (decrease)/increase in cash and cash equivalents (2,356) 6,874 29,712 Cash and cash equivalents at beginning of the year 186,070 39,005 248,962 Cash and cash equivalents at end of the year 183,714 45,879 278,674