FGV Annual Report 2014

23 Interests in Associates (continued) Reconciliation of summarised financial information Reconciliation of the summarised financial information presented to the carrying amount of its interest in associates FHB Tradewinds Taiko Insignificant in aggregate Total 2014 2013 2014 2013 2014 2013 2014 2013 2014 2013 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Opening net assets – 3,820,938 – 2,570,232 332,710 – 305,034 – 637,744 6,391,170 Profit for the year – 210,498 – 52,322 33,769 – 21,591 28,160 55,360 290,980 Dividend – (156,863) – – (10,000) – (900) (900) (10,900) (157,763) Other comprehensive income/(loss) – (8,850) – (150) 4,349 – – – 4,349 (9,000) Acquisition/(disposal) – (3,808,172) – (2,608,468) – 332,710 – 277,774 – (5,806,156) Closing net assets before group adjustments – 57,551 – 13,936 360,828 332,710 325,725 305,034 686,553 709,231 Opening group adjustments – – – – – – 98,252 – 98,252 – Non-controlling interests – (50,050) – (17,772) – – – – – (67,822) Fair value adjustments – (41,892) – 4,730 – – – 98,252 – 61,090 Others – 34,391 – (894) 140,321 129,389 (16,220) – 124,101 162,886 Closing group adjustments – (57,551) – (13,936) 140,321 129,389 82,032 98,252 222,353 156,154 Closing net assets – – – – 501,149 462,099 407,757 403,286 908,906 865,385 Interest in associates – – – – 21.6% 21.6% 7%-34% 7%-34% – – Carrying value – – – – 108,248 99,813 107,506 113,305 215,754 213,118 Unrecognised share of loss – – – – – – (1,177) (1,172) – – Introduction Performance Highlights About FGV Reports Financial Statements Others Strategy and Value Creation Performance Review & Progress Foreword to Shareholders Annual General Meeting Annual Report 2014 pg 269