24 INTERESTS IN ASSOCIATES (CONTINUED) Reconciliation of summarised financial information Reconciliation of the summarised financial information presented to the carrying amount of its interests in associates. Malacca Plantation Sdn. Bhd. Insignificant in aggregate Total 2024 2023 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Opening net assets 101,835 108,028 77,001 88,484 178,836 196,512 Profit/(loss) for the financial year 369 1,307 (6,763) (6,492) (6,394) (5,185) Dividend (9,001) (7,500) (1,023) (480) (10,024) (7,980) Other comprehensive income/(loss) – – 1,083 (4,511) 1,083 (4,511) Closing net assets 93,203 101,835 70,298 77,001 163,501 178,836 Interest in associates 34.3% 34.3% 30% 30% 30%–34.3% 30%–34.3% Carrying value 31,997 34,960 21,089 23,100 53,086 58,060 25 INTERESTS IN JOINT VENTURES Group 2024 2023 RM’000 RM’000 Share of net assets of joint ventures 602,325 593,623 The joint ventures’ revenue, Group’s share of results and capital commitments of its joint ventures are as follows: Group 2024 2023 RM’000 RM’000 Joint ventures’ revenue 6,888,438 7,057,799 Group’s share of results for the financial year 31,681 24,836 Share of capital commitments of joint ventures 45,850 97,365 Notes to the Financial Statements For the financial year ended 31 December 2024 131
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