NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
101
ANNUAL REPORT 2015
18.
SUBSIDIARIES (CONT’D)
Summarised financial information about subsidiaries with material NCI
Summarised financial information includinggoodwill on acquisition and consolidation adjustments but before intercompany
eliminations of subsidiaries with material non-controlling interests are as follows:
Summarised balance sheets
Malaysia Smelting
Corporation Berhad
Straits Real Estate
Pte. Ltd.
As at 31
December
2015
As at 31
December
2014
As at 31
December
2015
As at 31
December
2014
$’000
$’000
$’000
$’000
Current
Assets
192,114
182,743
212,721
109,750
Liabilities
(181,137)
(163,957)
(298,925)
(260,987)
Net current assets/(liabilities)
10,977
18,786
(86,204)
(151,237)
Non-current
Assets
91,661
95,365
526,052
208,651
Liabilities
(6,362)
(6,481)
(156,029)
–
Net non-current assets
85,299
88,884
370,023
208,651
Net assets
96,276
107,670
283,819
57,414
Summarised statements of comprehensive income
Malaysia Smelting
Corporation Berhad
Straits Real Estate
Pte. Ltd.
2015
2014
2015
2014
$’000
$’000
$’000
$’000
Revenue
528,493
743,364
3,698
–
Profit/(loss) before income tax
1,023
17,013
17
(3,933)
Income tax expense
(2,752)
(8,652)
(2,735)
(127)
(Loss)/Profit after tax – continuing operations
(1,729)
8,361
(2,718)
(4,060)
Loss after tax – discontinued operations
–
(7,704)
–
–
Other comprehensive income
(7,193)
10,241
(31,537)
13,978
Total comprehensive income
(8,922)
10,898
(34,255)
9,918
Other summarised information
Malaysia Smelting
Corporation Berhad
Straits Real Estate
Pte. Ltd.
As at 31
December
2015
As at 31
December
2014
As at 31
December
2015
As at 31
December
2014
$’000
$’000
$’000
$’000
Net cash flows from/(used in) operations
(8,167)
8,334
(55,969)
(74,239)
Net cash flows from/(used in) investing activities
(5,904)
8,502
(314,574)
(191,550)
Net cash flows from/(used in) financing activities
17,725
(11,477)
407,049
300,489
