FGV Annual Report 2014

22 Investment in Subsidiaries (continued) (b) Incorporation and acquisitions of subsidiaries during the financial year (continued) (iii) The effects of the acquisition of APL is as follows: (continued) The effects of the acquisition of APL on the financial results of the Group during the financial year is shown below: RM’000 Revenue 11,219 Cost of sales (13,798) Gross loss (2,579) Other operating income 209 Administrative expenses (1,168) Other operating expenses (8,170) Finance costs (4,272) Loss before taxation (15,980) Taxation 46 Loss after taxation (15,934) The effect of the acquisition of APL on the financial results of the Group during the financial year had the acquisition taken effect at the beginning of the financial year is shown below: RM’000 Revenue 113,117 Cost of sales (127,726) Gross loss (14,609) Other operating income 709 Administrative expenses (19,554) Other operating expenses (31,907) Finance costs (39,726) Loss before taxation (105,087) Taxation 4,163 Loss after taxation (100,924) Felda Global Ventures Holdings Berhad pg 254 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014