controlling interests that are material to the Group is as follows:- ABLE FOODSDN. BHD.2017 2016RM RMat 31 DecemberNon-current assets 648,411670,038Current assets 50,386,03561,918,664Current liabilities (58,886,542)(71,704,695)Net liabilities (7,852,096)(9,115,993)Financial year ended 31 DecemberRevenue 139,479,778134,907,617Profit/(Loss) after tax and total comprehensiveincome/(expense) for the financial year 1,263,897(751,175)Total comprehensive income/(expense) attributableto non-controlling interests 50,556(30,047)Net cash flows from operating activities 19,970,79152,552,338Net cash flows for investing activities (65,753)(141,133)Net cash flows for financing activities (12,955,754)(57,054,973)
JOHORE TIN BERHAD(532570-V)ANNUAL REPORT 2017 78NOTES TO THE FINANCIAL STATEMENTSfor the financial year ended 31 December 2017cont’d5. INVESTMENTS IN SUBSIDIARIES (CONT’D)(b) The summarised financial information (before intra-group elimination) for the subsidiary that has non-controlling interests that are material to the Group is as follows:- (Cont’d)ABLE DAIRIESMARKETING SDN. BHD.2017RMat 31 DecemberNon-current assets 59,007Current assets 10,006,895Current liabilities (9,309,220)Net assets 756,682Financial period ended 31 DecemberRevenue 10,731,866Profit after tax and total comprehensive income for the financial period 251,682Total comprehensive income attributable to non-controlling interest 123,324Net cash flows from operating activities 1,187,675Net cash flows for investing activity (64,296)Net cash flows from financing activity 500,0006. INVESTMENTS IN ASSOCIATESTHE GROUP2017 2016RM RMUnquoted shares, at cost 171,040–Name of AssociatePrincipal Placeof Business/Country of IncorporationEffective Equity InterestPrincipal Activities2017%2016%able Dairies MexicoMexico40–Wholesale of dairy productsSummarised financial information has not been presented as the associate is not individually material to the Group. The associate was newly incorporated during the financial year.