ANNUAL REPORT 2014
73
NOTES TO THE
FINANCIAL STATEMENTS
6.
Investment in subsidiaries (continued)
6.1 Non-controlling interest in subsidiaries (continued)
2013
Fuji Seats
(Malaysia)
Sdn. Bhd.
Other
subsidiaries with
immaterial NCI
Total
RM’000
RM’000
RM’000
NCI percentage of ownership interest and voting interest
(Held via Fuji Seat Co., Ltd)
40%
Carrying amount of NCI
23,888
2,312
26,200
Profit allocated to NCI
12,297
782
13,079
Summarised financial information before intra-group elimination
As at 31 December 2013
RM’000
Non-current assets
4,200
Current assets
108,353
Non-current liabilities
(907)
Current liabilities
(51,926)
Net assets
59,720
Year ended 31 December 2013
RM’000
Revenue
283,714
Profit for the year
30,743
Total comprehensive income
30,787
RM’000
Cash flows from operating activities
30,171
Cash flows from investing activities
(636)
Cash flows from financing activities
(19,249)
Net increase in cash and cash equivalents
10,286
Dividends paid to NCI
7,700
6.2 Restriction imposed by shareholder’s agreement
For Fuji Seats (Malaysia) Sdn. Bhd., the non-controlling interests shareholder holds protective rights
restricting the Group’s ability to use the net assets of the subsidiary to settle the liabilities of the Group,
unless approval is obtained from the non-controlling interests shareholder.
