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Notes to the

Financial Statements

As at 31 March 2019

16. Investment in subsidiaries (cont’d.)

The summarised financial information (before intra-group elimination) for Fima Corporation Berhad and its

subsidiaries (“FCB Group”) and International Food Corporation Limited (“IFC”) that has non-controlling interest

that are material to the Group are as follows:

(i) Summarised statement of financial position

FCB Group

IFC

2019

2018

2019

2018

RM’000

RM’000

RM’000

RM’000

Non-current assets

292,615

270,889

35,846

34,812

Cash and cash equivalents

57,855

165,596

15,587

18,643

Other current assets

323,257

204,017

75,261

66,218

Total assets

673,727

640,502

126,694

119,673

Non-current liabilities

(23,502)

(22,831)

(1,952)

-

Current liabilities

(53,067)

(52,320)

(54,297)

(55,153)

Total liabilities

(76,569)

(75,151)

(56,249)

(55,153)

Net assets

597,158

565,351

70,445

64,520

Equity attributable to equity holders of

the company

573,775

546,393

70,445

64,520

(ii) Summarised statement of comprehensive income

Revenue

244,720

284,646

124,013

117,863

Profit for the financial year

65,326

40,074

4,666

222

Other comprehensive income/(loss)

1,953

(13,903)

-

-

Total comprehensive income

67,279

26,171

4,666

222

Dividends paid to non-controlling

interests

15,488

25,128

-

-

financial

statements

163