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Annual Report 2017

171

Notes to the

financial statements

31 march 2017

16. Investment in subsidiaries

Company

2017

2016

RM’000

RM’000

Unquoted ordinary shares, at cost

In Malaysia

160,912

160,879

Outside Malaysia

44,415

44,410

205,327

205,289

Less: Accumulated impairment losses

In Malaysia

(16,669)

(16,669)

188,658

188,620

Details of the subsidiaries are described in Note 39.

The summarised financial information (before intra-group elimination) for Fima Corporation Berhad and its subsidiaries (“FCB

Group”) and International Food Corporation Limited (“IFC”) that has non-controlling interest that are material to the Group are

as follows:

(i)

Summarised statement of financial position

FCB Group

IFC

2017

2016

2017

2016

RM’000

RM’000

RM’000

RM’000

Non-current assets

244,042

288,850

69,228

87,533

Cash and cash equivalents

336,309

177,593

11,866

26,005

Other current assets

134,987

218,116

78,197

80,822

Total assets

715,338

684,559

159,291

194,360

Non-current liabilities

(21,288)

(28,920)

(6,494)

(9,049)

Current liabilities

(107,250)

(73,251)

(58,313)

(56,546)

Total liabilities

(128,538)

(102,171)

(64,807)

(65,595)

Net assets

586,800

582,388

94,484

128,765

Equity attributable to shareholders of the company

561,385

554,247

94,484

128,765