FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 249 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 23 INTERESTS IN JOINT VENTURES (CONTINUED) Summarised financial information for joint ventures Set out below are the summarised financial information for Felda Iffco Sdn. Bhd. (“FISB”), Trurich Resources Sdn. Bhd. (“Trurich”) and FPG Oleochemicals Sdn. Bhd. (“FPG”) and the aggregate for other joint ventures (“insignificant in aggregate”) which are accounted for using the equity method. Summarised statements of financial position FISB Trurich FPG Insignificant in aggregate Total 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 Current Cash and cash equivalents 119,587 194,947 16,717 42,555 196,233 225,953 54,541 62,764 387,078 526,219 Other current assets (excluding cash) 870,693 870,772 93,865 75,210 363,131 282,976 178,149 208,896 1,505,838 1,437,854 Total current assets 990,280 1,065,719 110,582 117,765 559,364 508,929 232,690 271,660 1,892,916 1,964,073 Financial liabilities (excluding trade payables) (549,424) (636,801) (24,419) (122,840) - (1,787) (2,966) (2,966) (576,809) (764,394) Other current liabilities (including trade payables) (589,055) (626,429) (189,836) (147,394) (156,368) (148,941) (135,987) (131,660) (1,071,246) (1,054,424) Total current liabilities (1,138,479) (1,263,230) (214,255) (270,234) (156,368) (150,728) (138,953) (134,626) (1,648,055) (1,818,818) Non-current Assets 366,177 409,572 1,256,719 1,461,953 225,377 225,664 204,279 215,965 2,052,552 2,313,154 Financial liabilities (77,454) (78,867) (878,672) (936,171) (20,774) (23,386) (1,036) (1,036) (977,936) (1,039,460) Total non-current liabilities (77,454) (78,867) (878,672) (936,171) (20,774) (23,386) (1,036) (1,036) (977,936) (1,039,460) Net assets 140,524 133,194 274,374 373,313 607,599 560,479 296,980 351,963 1,319,477 1,418,949