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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