CAHYA MATA SARAWAK ANNUAL REPORT 2016

www.cmsb .com.my Cahya Mata Sarawak Berhad 152 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.) 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. (cont'd.) 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 Year ended 31 December Revenue 562,988 127,908 173,724 181,613 Profit/(loss) for the year 12,461 29,105 (32,323) 90,128 Other comprehensive income 2,949 - (25,354) (85) Total comprehensive income 15,410 29,105 (57,677) 90,043 Dividends received by the Group during the year 1,835 2,067 - - Reconciliation of the summarised financial information presented above to the carrying amount of the Group’s interests in associates. 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 Net assets 864,731 311,434 220,501 441,716 Non-controlling interests (9,749) (10,082) - - Treasury shares 6,604 - - - 861,586 301,352 220,501 441,716 Effective interests in associates 25.07% 20.00% 25.00% 50.00% Group’s share of net assets 216,000 60,270 55,125 220,858 Goodwill 15,392 4,996 49,760 - Group’s carrying amount 231,392 65,266 104,885 220,858 Group’s share of results for the year ended 31 December Group’s share of profit or loss 2,834 5,206 (9,232) 34,110 Group’s share of other comprehensive income 739 - (476) (43) Group’s share of total comprehensive income 3,573 5,206 (9,708) 34,067