Ni Hsin Berhad Annual Report 2017

5. Investments in subsidiaries (continued) 5.2 Non-controlling interests in subsidiary (continued) The Group’s subsidiary that have material non-controlling interests (“NCI”) is as follows: (continued) 2017 2016 RM’000 RM’000 Year ended 31 December Revenue - 17 Loss for the year (61) (349) Cash flows used in operating activities (72) (332) Cash flows used in investing activities - (3) Cash flows generated from financing activities 60 348 Net (decrease)/ increase in cash and cash equivalents (12) 13 6. Investment property Group Company 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 Cost At 1 January/31 December 1,333 1,333 1,333 1,333 Accumulated depreciation At 1 January (27) - (27) - Depreciation for the year (27) (27) (27) (27) At 31 December (54) (27) (54) (27) Carrying amounts 1,279 1,306 1,279 1,306 Included in the above are: Group Company 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 At cost: Building 1,333 1,333 1,333 1,333 The following are recognised in profit or loss in respect of investment property: Group Company 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 Direct operating expenses: - non-income generating investment property 13 10 13 10 Notes to the financial statements (continued) Annual Report 2017 67