FGV Audited Financial Statements 2019

154 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 25 INTERESTS IN ASSOCIATES (CONTINUED) Summarised financial information for associates (continued) Summarised statements of comprehensive income Taiko Insignificant in aggregate Total 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Revenue - 300,400 229,749 159,304 229,749 459,704 Loss from continuing operations - (6,142) (2,739) (35,620) (2,739) (41,762) Tax and zakat (expense)/income - (16,841) (3,585) 23 (3,585) (16,818) Post-tax loss from continuing operations - (22,983) (6,324) (35,597) (6,324) (58,580) Other comprehensive loss - - (3,522) - (3,522) - Total comprehensive loss - (22,983) (9,846) (35,597) (9,846) (58,580) Dividends received from associates - - 1,167 824 1,167 824 The information above reflects the figures after group adjustments on the amounts presented in the financial statements of the associates. Reconciliation of summarised financial information Reconciliation of the summarised financial information presented to the carrying amount of its interests in associates Taiko Insignificant in aggregate Total 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Opening net assets - 567,962 322,109 360,130 322,109 928,092 Loss for the financial year - (22,983) (6,324) (35,597) (6,324) (58,580) Dividend - - (3,456) (2,424) (3,456) (2,424) Other comprehensive loss - - (3,522) - (3,522) - Disposal - (544,979) (101,378) - (101,378) (544,979) Transfer to assets held for sale - - (89,678) - (89,678) - Closing net assets - - 117,751 322,109 117,751 322,109 Interest in associates - - 30%-34% 7%-34% 30%-34% 7%-34% Carrying value - - 39,757 101,082 39,757 101,082 Unrecognised share of loss - - - - - -