PRG Holdings Berhad Annual Report 2017

• PRG HOLDINGS BERHAD 118 11. INVESTMENT IN A JOINT VENTURE (CONT’D) The summarised financial information of the joint venture, adjusted for any differences in accounting policies, and a reconciliation to the carrying amount in the consolidated financial statements, are as follows: Group 2017 2016 RM’000 RM’000 Assets and liabilities Non-current assets 195 251 Current assets 2,285 2,659 Current liabilities (261) (200) Net assets 2,219 2,710 Proportion of the ownership of the Group 50% 50% Carrying amount of the investment in a joint venture 1,109 1,355 Results Revenue 3,644 3,274 Profit before tax 681 504 Tax expense (118) (74) Profit after tax 563 430 Other comprehensive (loss)/ income (175) 92 Total comprehensive income 388 522 Share of results by the Group for the financial year Share of profit by the Group for the financial year 282 215 Share of other comprehensive (loss)/ income by the Group for the financial year (88) 46 194 261 Other information Dividend income 440 319 The joint venture had no contingent liabilities and capital commitments as at 31 December 2017 and 31 December 2016. 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 )