FGV Audited Financial Statements 2019
153 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 25 INTERESTS IN ASSOCIATES (CONTINUED) Summarised financial information for associates Set out below are the summarised financial information for Taiko Clay Chemicals Sdn. Bhd. (“Taiko”) and the aggregate of other associates (“insignificant in aggregate”) which are accounted for using the equity method: Summarised statements of financial position Taiko Insignificant in aggregate Total 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Current Cash and cash equivalents - - 1,109 32,271 1,109 32,271 Other current assets (excluding cash) - - 29,745 92,221 29,745 92,221 Total current assets - - 30,854 124,492 30,854 124,492 Financial liabilities (excluding trade payables) - - (1,901) (11,445) (1,901) (11,445) Other current liabilities (including trade payables) - - (4,887) (40,717) (4,887) (40,717) Total current liabilities - - (6,788) (52,162) (6,788) (52,162) Non-current Assets - - 93,685 261,957 93,685 261,957 Financial liabilities - - - (12,178) - (12,178) Total non-current liabilities - - - (12,178) - (12,178) Net assets - - 117,751 322,109 117,751 322,109
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