FGV Annual Report 2015

288 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 23 INTERESTS IN ASSOCIATES (CONTINUED) Summarised financial information for associates Set out below are the summarised financial information for Taiko Clay Chemicals Sdn. Bhd. (“Taiko”) and the aggregate of other associates (“insignificant in aggregate”) which are accounted for using the equity method: Summarised statement of financial position Taiko Insignificant in aggregate Total 2015 2014 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Current Cash and cash equivalents 112,268 89,062 38,727 32,454 150,995 121,516 Other current assets (excluding cash) 194,756 173,680 91,252 83,227 286,008 256,907 Total current assets 307,024 262,742 129,979 115,681 437,003 378,423 Financial liabilities (excluding trade payables) (54,001) (50,780) (37,406) (19,149) (91,407) (69,929) Other current liabilities (including trade payables) (19,089) (18,394) (7,428) (2,435) (26,517) (20,829) Total current liabilities (73,090) (69,174) (44,834) (21,584) (117,924) (90,758) Non-current Assets 216,485 183,170 274,802 259,187 491,287 442,357 Financial liabilities (15,998) (15,910) (16,978) (27,559) (32,976) (43,469) Total non-current liabilities (15,998) (15,910) (16,978) (27,559) (32,976) (43,469) Net assets 434,421 360,828 342,969 325,725 777,390 686,553 Summarised statement of comprehensive income Taiko Insignificant in aggregate Total 2015 2014 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Revenue 373,242 326,095 180,076 144,612 553,318 470,707 Interest expense (4,370) (4,004) (309) (498) (4,679) (4,502) Profit from continuing operations 79,057 46,976 20,698 22,999 99,755 69,975 Tax and zakat expense (23,507) (13,207) (2,554) (1,408) (26,061) (14,615) Post-tax profit from continued operations 55,550 33,769 18,144 21,591 73,694 55,360 Other comprehensive income 18,043 4,349 - - 18,043 4,349 Total comprehensive income 73,593 38,118 18,144 21,591 91,737 59,709 Dividends received from associate - 10,000 900 900 900 10,900 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.