NOTES TO THE FINANCIAL STATEMENTS
31 December 2014
(cont’d)
E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 4
76
11. INVESTMENTS IN SUBSIDIARIES (cont’d)
(e) The summarised financial information before intra-group elimination of the subsidiaries that have
material NCI as at the end of each reporting period are as follows (cont’d):
Insage (MSC)
Sdn. Bhd.
Capital
Market
Risk Advisor
Sdn. Bhd.
2013
RM
RM
Assets and liabilities
Non-current assets
1,729,600
260,230
Current assets
289,536
78,630
Non-current liabilities
(2,180,070)
-
Current liabilities
(368,035)
(33,861)
Net (liabilities)/assets
(528,969)
304,999
Results
Revenue
490,065
110,000
(Loss)/Profit for the financial year
(176,436)
54,999
Total comprehensive (loss)/income
(176,436)
54,999
Cash flows used in operating activities
(467,300)
(162,462)
Cash flows used in investing activities
(72,625)
(24,100)
Cash flows from financing activities
400,000
250,000
Net (decrease)/increase in cash and cash equivalents
(139,925)
63,438
12. INVENTORIES
Group and Company
2014
2013
RM
RM
Replacement parts - At cost
64,587
51,172
