MISC Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS MISC BERHAD | Annual Report 2017 238 17. INVESTMENTS IN JOINT VENTURES (CONT'D.) Group 2016 GKL RM'000 MDFT RM'000 Others* RM'000 Total RM'000 Reconciliation of net assets to carrying amount As at 31 December Group’s share of net assets - 904,374 746,613 1,650,987 Elimination of unrealised profits - (31,448) (17,364) (48,812) Carrying amount in the statement of financial position - 872,926 729,249 1,602,175 Group’s share of results Year ended 31 December Group’s share of profit after taxation 68,892 132,148 86,909 287,949 Group’s share of other comprehensive income - - 23,541 23,541 Group’s share of total comprehensive income 68,892 132,148 110,450 311,490 * Other individually immaterial joint ventures

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