FGV Audited Financial Statements 2019

149 01 S E C T I O N NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AUDITED FINANCIAL STATEMENTS 2019 24 INVESTMENT IN SUBSIDIARIES (CONTINUED) (e) Summarised financial information on subsidiaries with material non-controlling interests Set out below are the summarised financial information for each subsidiary that has non-controlling interests that are material to the Group (other subsidiaries that have non-controlling interests are individually not significant). Summarised statements of financial position MSM Malaysia Holdings Berhad Group FGV Palm Industries Sdn. Bhd. 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Current Assets 958,100 1,260,304 1,325,256 2,532,321 Liabilities (657,583) (1,047,327) (424,192) (1,630,309) Total current net assets 300,517 212,977 901,064 902,012 Non-current Assets 2,023,084 2,389,601 1,265,398 1,367,450 Liabilities (665,652) (645,041) (286,103) (295,953) Total non-current net assets 1,357,432 1,744,560 979,295 1,071,497 Net assets 1,657,949 1,957,537 1,880,359 1,973,509