Ni Hsin Berhad Annual Report 2018

6. Investments in subsidiaries (continued) 6.3 Non-controlling interests in subsidiary The Group’s subsidiary that have material non-controlling interests (“NCI”) is as follows: Ni Hsin Marketing 2018 2017 RM’000 RM’000 NCI percentage of ownership interest and voting interest 0% 30% Carrying amount of NCI - (93) Profit allocated to NCI (2) (18) Summarised financial information before intragroup elimination As at 31 December Non-current assets 1 2 Current assets - 3 Current liabilities (324) (315) Net assets (323) (310) Year ended 31 December Revenue - - Loss for the year (12) (61) Cash flows used in operating activities (12) (72) Cash flows generated from financing activities 11 60 Net decrease in cash and cash equivalents (1) (12) 7. Deferred tax assets/(liabilities) Recognised deferred tax assets/(liabilities) Deferred tax assets and liabilities are attributable to the following: Assets Liabilities Net 2018 2017 2018 2017 2018 2017 Group RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Property, plant and equipment - - (4,527) (3,918) (4,527) (3,918) Provisions 43 43 - - 43 43 Unabsorbed capital allowances carried forward 180 - - - 180 - Tax losses carried forward 331 75 - - 331 75 Others 138 170 - - 138 170 Tax assets/(liabilities) 692 288 (4,527) (3,918) (3,835) (3,630) Set off of tax (692) (279) 692 279 - - Net tax assets/(liabilities) - 9 (3,835) (3,639) (3,835) (3,630) Notes to the financial statements (continued) Annual Report 2018 71