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Notes to the
Financial Statements
As at 31 March 2019
17. Investment in associates (cont’d.)
(iii) Reconciliation of the summarised financial information presented above to the carrying amount of the
Group’s interest in associates.
Marushin
G&D
2019
2018
2019
2018
RM’000
RM’000
RM’000
RM’000
Net assets at 1 April 2018/2017
15,184
22,162
204,226
205,309
Total comprehensive (loss)/ income
(7,374)
(5,478)
18,660
8,477
7,810
16,684
222,886
213,786
Dividend paid (gross)
-
(1,500)
(66,515)
(9,560)
Net assets at 31 March
7,810
15,184
156,371
204,226
Interest in associates
38%
38%
20%
20%
Share of net assets
2,968
5,770
31,274
40,845
Negative goodwill
(2,968)
(2,968)
-
-
Carrying value of Group’s interest in
associates
-
2,802
31,274
40,845
18. Goodwill on consolidation
Group
2019
2018
RM’000
RM’000
At 1 April 2018/2017 and 31 March 2019
12,710
12,710
(a) Impairment tests for goodwill
Goodwill has been allocated to the Group’s cash generating units identified according to business segment
as follows:
Bulking
Plantation
Total
RM’000
RM’000
RM’000
At 1 April 2018/2017 and at 31 March 2019/2018
12,200
510
12,710
financial
statements
167