axiata group berhad | annual report 2015
209
27. JOINT VENTURES (CONTINUED)
The Group’s share of revenue and profit/(loss) of joint ventures is as follows:
Group
2015
2014
RM’000
RM’000
Revenue
244,672
140,603
Loss for the financial year
(38,587)
(24,992)
Other comprehensive income
3,598
-
Total comprehensive expense
(34,989)
(24,992)
The Group’s equity interests in the joint ventures and countries of incorporation are listed in Note 41 to the financial statements.
28. ASSOCIATES
2015
2014
Malaysia
Overseas
Total
Malaysia
Overseas
Total
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
Group
Quoted investments
-
8,762,053
8,762,053
-
8,762,053
8,762,053
Unquoted investments
101,397
1,353
102,750
78,705
9,456
88,161
Share of post-acquisition results
and reserves
2,552
841,318
843,870
38,635
494,132
532,767
103,949
9,604,724
9,708,673
117,340
9,265,641
9,382,981
Accumulated impairment losses
-
(1,085,035)
(1,085,035)
-
(1,085,035)
(1,085,035)
Currency translation differences
-
(415,152)
(415,152)
-
(793,939)
(793,939)
Share of net assets of associates
103,949
8,104,537
8,208,486
117,340
7,386,667
7,504,007
The Group’s equity interest in the associates, their respective principal activities and countries of incorporation are listed in Note 40 to the financial
statements.
The summarised financial information presented in the financial statements (after adjusted for differences in accounting policies between the Group
and the associates) of a material associates of the Group are as follows:
(a) The summarised statement of comprehensive income for the financial year ended 31 December are as follows:
2015
2014
Idea
M1
Idea
M1
RM’000
RM’000
RM’000
RM’000
Revenue
21,217,853
3,139,939
16,187,850
2,780,015
Profit for the financial year
1,864,338
557,083
1,228,293
509,614
Group’s share of profit for the financial year
368,766
157,766
243,202
145,291
Dividend received from associates
28,336
136,755
15,026
145,289
The Group’s share of loss of other immaterial associates is RM37.0 million (2014 share of profit: RM18.7 million).
