FGV Annual Report 2015

294 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 24 INTERESTS IN JOINT VENTURES (CONTINUED) Summarised financial information for joint ventures (continued) Reconciliation of summarised financial information Reconciliation of the summarised financial information presented to the carrying amount of its interest in joint ventures. FISB Trurich FPG Insignificant in aggregate Total 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Opening net assets 268,308 231,087 390,492 243,632 565,479 599,134 184,396 181,939 1,408,675 1,255,792 Profit/(loss) for the year 64,823 (7,468) (22,814) (7,861) 55,395 41,345 2,377 21,750 99,781 47,766 Dividend - - - - (150,000) (75,000) (11,211) (19,293) (161,211) (94,293) Other comprehensive (loss)/income (34,977) 44,689 9,223 (5,279) - - - - (25,754) 39,410 Addition - - - 160,000 - - - - - 160,000 Closing net assets before group adjustments 298,154 268,308 376,901 390,492 470,874 565,479 175,562 184,396 1,321,491 1,408,675 Opening group adjustments (45,298) (141,994) 17,376 (17,220) 131,037 153,385 90,161 103,951 193,276 98,122 Fair value adjustments - - - - - (19,720) - - - (19,720) Reversal of Impairment - 137,314 - - - - (5,800) - (5,800) 137,314 Others 1,131 (40,618) 1,734 34,596 (14,532) (2,628) - (13,790) (11,667) (22,440) Closing group adjustments (44,167) (45,298) 19,110 17,376 116,505 131,037 84,361 90,161 175,809 193,276 Closing net assets 253,987 223,010 396,011 407,868 587,379 696,516 259,923 274,557 1,497,300 1,601,951 Interest in associates 50% 50% 50% 50% 50% 50% 23%-51% 23%-51% - - Carrying value 126,994 111,505 198,006 203,934 293,690 348,258 79,476 81,345 698,166 745,042 Unrecognised share of loss - - - - - - (7,674) (7,854) (7,674) (7,854)