FGV Annual Report 2013

Felda Global Ventures Holdings Berhad 262 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2013 23 INTERESTS IN ASSOCIATES (Cont’d.) Summarised statement of financial position (Cont’d.) FHB Tradewinds Insignificant in aggregate Total 2013 2012 2013 2012 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Non-current Assets - 3,195,260 - 4,574,587 403,123 - 403,123 7,769,847 Financial liabilities - (125,632) - (1,936,696) (40,902) - (40,902) (2,062,328) Other liabilities - (187,957) - (462,984) - - - (650,941) Total non-current liabilities - (313,589) - (2,399,680) (40,902) - (40,902) (2,713,269) Net assets - 4,572,868 - 3,545,867 651,397 - 651,397 8,118,735 Summarised statement of comprehensive income FHB Tradewinds Insignificant in aggregate Total 2013 2012 2013 2012 2013 2012 2013 2012 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Revenue 15,026,627 17,850,311 1,348,343 8,090,059 498,974 - 16,873,944 25,940,370 Depreciation and amortisation (205,344) (189,965) (40,227) (241,361) - - (245,571) (431,326) Interest income 38,233 42,365 2,020 12,119 - - 40,253 54,484 Interest expense (26,241) (29,287) (24,262) (145,570) (2,510) - (53,013) (174,857) Profit from continuing operations 383,400 603,075 82,134 492,806 95,437 - 560,971 1,095,881 Tax and zakat expense (138,241) (110,584) (29,812) (178,872) (17,175) - (185,228) (289,456) Post-tax profit from continued operations 245,159 492,491 52,322 313,934 78,262 - 375,743 806,425 Post-tax loss from discontinued operations (34,661) (8,293) - - - - (34,661) (8,293) Other comprehensive loss (8,850) (980) (150) (901) - - (9,000) (1,881) Total comprehensive income 201,648 483,218 52,172 313,033 78,262 - 332,082 796,251 Dividends received from associate 76,863 173,279 - 21,831 - - 76,863 195,110 The information above reflects the amounts presented in the financial statements of the associates (and not the Group’s share of those amounts) adjusted for differences in accounting policies between the Group and the associates