FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 237 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 21 INVESTMENT IN SUBSIDIARIES (CONTINUED) (c) Acquisition, dilution of interest and liquidation of subsidiaries in previous financial year (continued) (i) The effects of the acquisition of Yapidmas during the previous financial year were as follows: (continued) The effects of the acquisition of Yapidmas on the financial results of the Group in previous financial year is shown below: RM’000 Revenue 155,599 Cost of sales (126,384) Gross profit 29,215 Other operating income 552 Selling and distribution costs (1,468) Administrative expenses (1,774) Finance costs (24) Profit before taxation 26,501 Taxation (7,528) Profit after taxation 18,973 (ii) The effects of the acquisition of Yapidmas on the financial results of the Group in previous financial year had the acquisition taken effect at the beginning of the previous financial year is shown below: RM’000 Revenue 176,650 Cost of sales (145,012) Gross profit 31,638 Other operating income 661 Selling and distribution costs (1,691) Administrative expenses (2,448) Finance costs (75) Profit before taxation 28,085 Taxation (7,974) Profit after taxation 20,111