axiata group berhad | annual report 2015
210
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
28. ASSOCIATES (CONTINUED)
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: (continued)
(b) The summarised statement of financial position of material associates of the Group as at 31 December are as follow:
2015
2014
Idea
M1
Idea
M1
RM’000
RM’000
RM’000
RM’000
Non-current assets
51,592,482
2,504,244
25,748,778
2,121,347
Current assets
2,299,631
791,137
4,740,455
597,597
Current liabilities
(6,736,229)
(1,706,490)
(5,102,495)
(726,163)
Non-current liabilities
(28,504,752)
(336,804)
(10,835,813)
(948,906)
18,651,132
1,252,087
14,550,925
1,043,875
(c) The fair value of material associates of the Group as at 31 December are as follows:
2015
2014
Idea
M1
Idea
M1
RM’000
RM’000
RM’000
RM’000
Fair value
6,012,567
1,995,137
5,546,528
2,331,868
The fair value of quoted investments are within Level 2 of the fair value hierarchy.
The details of carrying amount of the associates of the Group after reconciled with summarised financial information of material associates are as
follows:
2015
2014
Idea
M1
Others
Total
Idea
M1
Others
Total
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
Group’s share of net
assets
3,689,194
354,591
105,656
4,149,441
2,881,083
297,609
114,765
3,293,457
Goodwill
3,929,181
1,134,190
688
5,064,059
3,916,898
1,141,799
9,236
5,067,933
Accumulated
impairment losses
(net of currency
translation
differences)
(1,005,014)
-
-
(1,005,014)
(857,383)
-
-
(857,383)
At 31 December
6,613,361
1,488,781
106,344
8,208,486
5,940,598
1,439,408
124,001
7,504,007
