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Axiata Group Berhad | Annual Report 2016
FINANCIAL STATEMENTS
162
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016
5.
INCORPORATIONS, ACQUISITIONS, DISSOLUTIONS AND DILUTIONS OF INTERESTS (CONTINUED)
(b) Incorporations, acquisitions and dilutions of interests in the previous financial year (continued)
(xiv) Investment in Headstart (Private) Limited (“Headstart”)
On 4 September 2014, Dialog entered into an investment agreement with Headstart to purchase its redeemable convertible bonds
which will mature on 31 December 2021, at a nominal value of SLR85.0 million.
On 27 November 2015, Dialog transferred its investment in redeemable convertible bonds amounting to SLR60.0 million to DHL by way
of a deed of assignment. On 31 December 2015, DHL converted SLR20.0 million of its investment in redeemable convertible bonds into
equity shares of Headstart which is representing 26.00% of the issued and paid up capital of Headstart. Accordingly, Headstart became
an associate of the Group.
The above investment had no significant impact to the Group in the financial year.
6.
OPERATING REVENUE
Group
Company
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
Mobile services
16,938,170
16,418,299
-
-
Interconnect services
1,627,048
1,221,636
-
-
Dividend income
-
-
1,002,403
1,101,406
Lease and services of passive infrastructure
372,141
199,456
-
-
Technical and management services fees
-
-
47,435
48,142
Others*
2,628,033
2,044,069
-
-
Total
21,565,392
19,883,460
1,049,838
1,149,548
* Others include revenue from pay television transmission, sale of devices and other data services.
7(a). DEPRECIATION, IMPAIRMENT AND AMORTISATION
Note
Group
Company
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
Depreciation of PPE
26
4,964,247
3,878,057
8,431
6,623
Reversal of impairment of PPE
26
-
(5,089)
-
-
Impairment of PPE
26
62,366
10,934
-
-
Write off of PPE
26
8,916
22,653
-
426
Amortisation of intangible assets
25
630,661
291,698
-
-
Others
315
294
-
-
Total
5,666,505
4,198,547
8,431
7,049