17. Investments in joint ventures (cont’d.) Group The summarised financial information of the material joint ventures are as follows: 2016 Gumusut Malaysia -Kakap Deepwater Semi-Floating Floating Production Terminal System (L) (Kikeh) Limited Limited (“GKL”) (“MDFT”) RM’000 RM’000 As at 31 December Non-current assets – 1,775,234 Current assets – 2,209 Cash and cash equivalents – 11,136 Current liabilities – (15,297) Net assets – 1,773,282 2016 GKL MDFT RM’000 RM’000 Year ended 31 December Profit after taxation 137,783 259,113 Other comprehensive income – – Total comprehensive income 137,783 259,113 Included in the total comprehensive income is: Revenue 176,450 474,878 Depreciation and amortisation – (199,733) Interest income 50 6 Interest expense – (961) Income tax expense (5) (21) MISC BERHAD • Annual Report 2016 248 notes to the financial statements - 31 december 2016
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