notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
9 INVESTMENT IN ASSOCIATES (CONTINUED)
The following table summarises the information of the Group’s material associates and reconciles the information to the carrying amount of the Group’s interest in the
associates (continued):
Group
Petra Energy
Berhad Group
Other individually
immaterial
associates
Total
RM'000
RM'000
RM'000
2013
Summarised financial information
As at 31 December
Non-current assets
526,111
Current assets
392,717
Non-current liabilities
(134,933)
Current liabilities
(283,439)
Net assets
500,456
Financial year ended 31 December
Revenue
492,775
Net profit/total comprehensive income
8,671
Reconciliation of net assets to carrying amount
As at 31 December
Group’s share of net assets
142,816
4,628
147,444
Goodwill
-
4,834
4,834
Less: Accumulated impairment loss
-
(4,499)
(4,499)
Carrying amount in statement of financial position
142,816
4,963
147,779
Group’s share of results
Financial year ended 31 December
Group’s share of profit and other comprehensive income
873
54
927
Dividend received
577
-
577
108
Wah Seong Corporation Berhad • Annual Report 2014
