CAHYA MATA SARAWAK ANNUAL REPORT 2016

147 Cahya Mata Sarawak Berhad A N N U A L R E P O R T 2 0 1 6 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 (cont'd.) 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. (cont'd.) PPES Works (Sarawak) Sdn. Bhd. (Economic Entity) CMS Land Sdn. Bhd. CMS Resources Sdn. Bhd. (Group) 2015 RM’000 RM’000 RM’000 Summarised Statements of Financial Position As at 31 December Non-current assets 4,199 20,955 53,948 Current assets 277,191 148,176 368,835 Total assets 281,390 169,131 422,783 Current liabilities 86,162 66,470 214,158 Non-current liabilities - 5,475 6,056 Total liabilities 86,162 71,945 220,214 Net assets 195,228 97,186 202,569 Equity attributable to owners of the Company 99,566 45,898 114,513 Non-controlling interests 95,662 51,288 88,056 Summarised Statements of Profit or Loss and Other Comprehensive Income Year ended 31 December Revenue 251,164 51,496 528,155 Profit for the year 30,671 10,167 71,430 Profit attributable to owners of the Company 15,642 5,185 60,177 Profit attributable to non-controlling interests 15,029 4,982 11,253 Dividends paid to non-controlling interests 4,900 - 14,120 Summarised Statements of Cash Flows Net cash (used in)/from operating activities (4,032) 17,577 23,534 Net cash from/(used in) investing activities 3,574 (80) (11,979) Net cash (used in)/from financing activities (10,000) 4,201 (32,026) Net (decrease)/increase in cash and cash equivalents (10,458) 21,698 (20,471) Cash and cash equivalents at beginning of the year 196,528 17,307 269,433 Cash and cash equivalents at end of the year 186,070 39,005 248,962