CAHYA MATA SARAWAK ANNUAL REPORT 2016

151 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 20. INVESTMENTS IN ASSOCIATES (CONT'D.) (e) Material associates (cont'd.) Reconciliation of the summarised financial information presented above to the carrying amount of the Group’s interests in associates. Kenanga Investment Bank Berhad Group KKB Engineering Berhad Group OM Materials (Sarawak) Sdn. Bhd. Sacofa Sdn. Bhd. Group 2016 RM’000 RM’000 RM’000 RM’000 As at 31 December Net assets 896,192 296,879 345,417 515,240 Total ICPS issued by an associate - - (161,423) - Non-controlling interests (10,236) (11,618) - - 885,956 285,261 183,994 515,240 Effective interests in associates 25.38% 20.00% 25.00% 50.00% Group’s share of net assets 224,856 57,052 45,999 257,620 Goodwill 14,342 4,991 49,760 - ICPS subscribed by the Group - - 110,000 - Group’s carrying amount 239,198 62,043 205,759 257,620 Group’s share of results for the year ended 31 December Group’s share of profit or loss 4,950 (1,156) (64,411) 36,810 Group’s share of other comprehensive income 2,856 - 55,428 (48) Group’s share of total comprehensive income 7,806 (1,156) (8,983) 36,762 The following table summarises the financial information in respect of each of the Group’s material associates. The summarised financial information represents the amounts in the MFRS financial statements of the associates and not the Group’s share of those amounts. K & N Kenanga Holdings Berhad Group KKB Engineering Berhad Group OM Materials (Sarawak) Sdn. Bhd. Sacofa Sdn. Bhd. Group 2015 RM’000 RM’000 RM’000 RM’000 As at 31 December Non-current assets 379,393 151,419 1,873,365 485,582 Current assets 5,741,412 182,018 817,508 316,342 Current liabilities (5,256,074) (13,554) (612,580) (270,628) Non-current liabilities - (8,449) (1,857,792) (89,580) Net assets 864,731 311,434 220,501 441,716