ACCOUNTABILITY | NOTES TO THE FINANCIAL STATEMENTS 221 INTEGRATED ANNUAL REPORT 2026 20. INVESTMENT IN SUBSIDIARIES (CONTINUED) (c) Movement in the allowance of impairment is as follows: Company 2026 RM million 2025 RM million At 1 February 53 60 Impairment/(Reversal of impairment) (Note 12) 3 (7) Written off (30) - At 31 January 26 53 During the current financial year, an impairment loss of RM3 million was recognised for a subsidiary of the Group as a result of its recoverable amount being estimated to be lower than its carrying amount. In the previous financial year, the Company reversed an impairment loss for a subsidiary following an increase in its recoverable amount. The equity interest, principal activities and countries of incorporation of subsidiaries that are included in the consolidated financial statements are disclosed in Note 51. (d) Non-controlling interests in subsidiaries The Group’s subsidiaries that have material non-controlling interests (“NCI”), based on effective equity interest are as follows: (i) Yinson Production (West Africa) Pte. Ltd. 2026 RM million 2025 RM million Effective equity interest held by NCI 26% 26% Carrying value of NCI 190 205 Profit for the financial year attributable to NCI 71 66 Dividends paid to NCI 40 65 The summarised financial information before intercompany eliminations are as follows: 2026 RM million 2025 RM million As at 31 January Non-current assets 2,349 2,919 Current assets 398 430 Non-current liabilities (1,722) (2,234) Current liabilities (295) (325) Net assets 730 790 Financial year ended 31 January Revenue 578 622 Profit for the financial year 273 254 Other comprehensive loss (97) (47) Total comprehensive income 176 207 Cash flows generated from operating activities 482 552 Cash flows generated from investing activities 11 5 Cash flows used in financing activities (497) (612) Net decrease in cash and cash equivalents (4) (55)
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