FGV Audited Financial Statements 2019
150 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 24 INVESTMENT IN SUBSIDIARIES (CONTINUED) (e) Summarised financial information on subsidiaries with material non-controlling interests (continued) 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). (continued) Summarised statements of comprehensive income MSM Malaysia Holdings Berhad Group FGV Palm Industries Sdn. Bhd. 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Revenue 2,006,911 2,214,377 4,616,852 7,421,520 (Loss)/profit before zakat and taxation (304,972) 30,480 170,553 181,762 Tax and zakat credit/(expense) 11,060 (29,009) (52,715) (31,145) (Loss)/profit for the financial year (293,912) 1,471 117,838 150,617 Other comprehensive (loss)/income (5,674) 745 1,867 (1,736) Total comprehensive (loss)/income (299,586) 2,216 119,705 148,881 (Loss)/profit attributable to non-controlling interest (144,017) 721 32,995 42,173 Total comprehensive (loss)/income attributable to non-controlling interest (146,798) 1,086 36,133 49,270 Accumulated non-controlling interest 812,395 959,193 526,500 552,583 Dividends paid to non-controlling interest - - 62,216 22,624 In previous financial year, the Group’s loss attributable to non-controlling interest mainly relates to impairment of property, plant and equipment in a subsidiary of the Group, FGV Green Energy Sdn. Bhd. amounting to RM41,549,000.
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