PRG Holdings Berhad Annual Report 2017

• PRG HOLDINGS BERHAD 114 9. INVESTMENTS IN SUBSIDIARIES (CONT’D) (h) Non-controlling interests in subsidiaries The subsidiaries of the Group that have non-controlling interests (“NCI”) are as follows: Other Furniweb Premier Premier individually Holdings De Muara Baycity immaterial 2017 Limited Sdn. Bhd. Sdn. Bhd. subsidiaries Total NCI percentage of ownership interest and voting interest 25% 40% 49% Carrying amount of NCI (RM’000) 25,475 3,725 (309) - 28,891 Profit/(Loss) allocated to NCI (RM’000) 2,299 4,693 (277) (231) 6,484 Furnitech Components Premier Premier (Vietnam) De Muara Baycity 2016 Co., Ltd. Sdn. Bhd. Sdn. Bhd. Total NCI percentage of ownership interest and voting interest 17.99% 40% 49% Carrying amount of NCI (RM’000) 23 (968) (32) (977) (Loss)/Profit allocated to NCI (RM’000) (158) 974 (32) 784 The summarised financial information before intra-group elimination of the subsidiaries that have NCI as at the end of each reporting period is as follows: Furniweb Premier Premier Holdings De Muara Baycity Limited Sdn. Bhd. Sdn. Bhd. 2017 RM’000 RM’000 RM’000 Assets and liabilities Non-current assets 41,270 1,706 - Current assets 82,650 221,786 23,698 Non-current liabilities (11,111) (59,509) (5,000) Current liabilities (15,203) (154,671) (19,328) Net assets/(liabilities) 97,606 9,312 (630) Results Revenue 109,745 83,188 - Profit/(Loss) for the financial year 9,194 11,732 (565) Total comprehensive income/(loss) 7,535 11,732 (565) Cash flows from/(used in) operating activities 7,151 25,449 (8,844) Cash flows (used in)/from investing activities (9,135) (3,321) 4,715 Cash flows from/(used in) financing activities 24,698 (22,926) 4,226 Net increase/(decrease) in cash and cash equivalents 22,714 (798) 97 N O T E S T O T H E F I N A N C I A L S T A T E M E N T S 3 1 D E C E M B E R 2 0 1 7 ( c o n t ’ d )