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FINANCIAL STATEMENTS
Axiata Group Berhad | Annual Report 2016
213
27. SUBSIDIARIES
2016
2015
Malaysia
RM’000
Overseas
RM’000
Total
RM’000
Malaysia
RM’000
Overseas
RM’000
Total
RM’000
Company
Unquoted shares, at cost
6,757,283
182,925
6,940,208
6,756,283
182,925
6,939,208
Accumulated impairment
losses
(3,996)
(181,851)
(185,847)
(3,996)
(181,851)
(185,847)
6,753,287
1,074
6,754,361
6,752,287
1,074
6,753,361
Advances to subsidiaries
treated as quasi-investment
9,876,965
10,008,948
19,885,913
3,981,722
9,123,921
13,105,643
Accumulated impairment
losses
-
(1,776,979)
(1,776,979)
-
(1,221,371)
(1,221,371)
9,876,965
8,231,969
18,108,934
3,981,722
7,902,550
11,884,272
Total
16,630,252
8,233,043
24,863,295
10,734,009
7,903,624
18,637,633
The Group’s and the Company’s equity interests in subsidiaries, their respective principal activities and countries of incorporation are listed in
Note 40 to the financial statements.
(a) The currency profile of advances to subsidiaries treated as quasi-investment is as follows:
Company
2016
RM’000
2015
RM’000
RM
5,053,392
3,292,837
USD
13,055,542
8,591,435
18,108,934
11,884,272
The advances are unsecured and are non-interest bearing with no fixed terms of repayment. The Company does not anticipate any repayment
of the advances and are treated as an extension of its investments in subsidiaries.
(b) Non-controlling interests
The total NCI of the Group as at reporting date is RM 5,039.6 million (2015: RM2,199.1 million), of which RM2,374.0 million (2015: RM1,462.0
million) is attributed to Indonesia, RM1,039.2 million is attributed to Nepal and RM1,106.7.0 million (2015: RM221.0 million) is attributable to
Bangladesh. The remaining NCI of the Group are immaterial individually.
The information below is before inter-company eliminations.
(i)
The summarised statement of comprehensive income for the financial year ended 31 December are as follows:
Indonesia
Bangladesh
Nepal
Note
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
2016
RM’000
Profit/(loss) for the financial year
38
112,933
(10,932)
(205,630)
200,438
568,446
OCI
530,867
430,145
127,043
455,932
322,907
Total comprehensive income
643,800
419,213
(78,587)
656,370
891,353
Profit/(loss) for the financial year attributable
to NCI
48,445
(3,584)
(56,596)
186,884
113,689
Dividend paid to NCI
-
-
-
-
79,512