PRG Holdings Berhad Annual Report 2019

ANNUAL REPORT 2019 129 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 cont’d 10. INVESTMENTS IN SUBSIDIARIES (continued) (h) Non-controlling interests in subsidiaries (continued) 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 (continued): 2018 Furniweb Holdings Limited Premier De Muara Sdn. Bhd. Premier Baycity Sdn. Bhd. RM’000 RM’000 RM’000 Results Revenue 92,565 45,575 - Profit/(Loss) for the financial year 926 2,913 (1,075) Total comprehensive income/(loss) 1,281 2,913 (1,075) Cash flows used in operating activities (1,645) (14,640) (3,260) Cash flows (used in)/from investing activities (2,206) 9,559 3,003 Cash flows (used in)/from financing activities (1,987) 5,788 250 Net (decrease)/increase in cash and cash equivalents (5,838) 707 (7) 11. INVESTMENTS IN ASSOCIATES Group 2019 2018 RM’000 RM’000 Unquoted equity shares, at cost 3,815 2,973 Goodwill 6,597 6,597 Share of post-acquisition reserves (3,396) (1,569) 7,016 8,001 Less: Impairment loss (4,748) (118) Less: Reclassification to assets held for sale (Note 26) (334) - 1,934 7,883