MISC- Annual Report 2016

16. Investments in associates (cont’d.) Reconciliation of net assets to carrying amount as at 31 December: 2016 2015 RM’000 RM’000 Group’s share of net assets 3,680 5,286 Impairment loss (1,214) (2,917) Carrying amount in the statement of financial position 2,466 2,369 Details of the associates are disclosed in Note 40. 17. Investments in joint ventures Group Corporation 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Unquoted shares in Malaysia, at cost 310,575 1,610,288 305,155 1,604,868 Unquoted shares outside Malaysia, at cost 148,494 412,657 673 644 459,069 2,022,945 305,828 1,605,512 Share of post-acquisition profits 936,282 2,314,227 – – Share of other post-acquisition reserves 289,748 426,376 – – 1,685,099 4,763,548 305,828 1,605,512 Less: Accumulated impairment loss (82,924) (78,974) – – Carrying amount of the investment 1,602,175 4,684,574 305,828 1,605,512 The following tables summarise the financial information of the Group’s material joint ventures, as adjusted for any differences in accounting policies and reconciles the information to the carrying amount of the Group’s interest in joint ventures. Financial Statements 247

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