controlling interests that are material to the Group is as follows ABLE FOOD

Controlling interests that are material to the group

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controlling interests that are material to the Group is as follows:- ABLE FOOD SDN. BHD. 2017 2016 RM RM at 31 December Non-current assets 648,411 670,038 Current assets 50,386,035 61,918,664 Current liabilities (58,886,542) (71,704,695) Net liabilities (7,852,096) (9,115,993) Financial year ended 31 December Revenue 139,479,778 134,907,617 Profit/(Loss) after tax and total comprehensive income/(expense) for the financial year 1,263,897 (751,175) Total comprehensive income/(expense) attributable to non-controlling interests 50,556 (30,047) Net cash flows from operating activities 19,970,791 52,552,338 Net cash flows for investing activities (65,753) (141,133) Net cash flows for financing activities (12,955,754) (57,054,973)
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JOHORE TIN BERHAD (532570-V) ANNUAL REPORT 2017 78 NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2017 cont’d 5. 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 DAIRIES MARKETING SDN. BHD. 2017 RM at 31 December Non-current assets 59,007 Current assets 10,006,895 Current liabilities (9,309,220) Net assets 756,682 Financial period ended 31 December Revenue 10,731,866 Profit after tax and total comprehensive income for the financial period 251,682 Total comprehensive income attributable to non-controlling interest 123,324 Net cash flows from operating activities 1,187,675 Net cash flows for investing activity (64,296) Net cash flows from financing activity 500,000 6. INVESTMENTS IN ASSOCIATES THE GROUP 2017 2016 RM RM Unquoted shares, at cost 171,040 Name of Associate Principal Place of Business/ Country of Incorporation Effective Equity Interest Principal Activities 2017 % 2016 % able Dairies Mexico Mexico 40 Wholesale of dairy products Summarised 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.
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JOHORE TIN BERHAD (532570-V) ANNUAL REPORT 2017 79 NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2017 cont’d 7. PROPERTY, PLANT AND EQUIPMENT At Additions Depreciation At THE GROUP 1.1.2017 (Note 37) Reclassification Disposal Charges 31.12.2017 2017 RM RM RM RM RM RM Carrying amount Freehold land 15,430,213 6,843,143 (445,200) 21,828,156 Leasehold land 46,154 (1,539) 44,615 Factory buildings 41,530,819 407,636 (1,869,435) (896,581) 39,172,439 Plant and machinery 38,700,927 7,159,940 2,314,635 (1,050) (6,518,594) 41,655,858 Moulds, tools and factory equipment 1,457,349 53,093 (329,095) 1,181,347 Electrical installations and substation 1,278,417 71,920 (261,639) 1,088,698 Motor vehicles 1,174,613 361,698 (52,233) (510,455) 973,623 office equipment, furniture and fittings 1,322,687 183,963 (281,027) 1,225,623 Renovation 2,011,926 618,973 (359,307) 2,271,592 Capital work-in-progress 1,492,600 1,492,600 102,953,105 17,192,966 (53,283) (9,158,237) 110,934,551 At Additions Depreciation At THE GROUP 1.1.2016 (Note 37) Reclassification Disposal Charges 31.12.2016 2016 RM RM RM RM RM RM Carrying amount Freehold land 15,238,983 191,230 15,430,213 Leasehold land 47,693 (1,539) 46,154 Factory buildings 17,230,823 1,180,551 23,665,348 (545,903) 41,530,819 Plant and machinery 31,319,410 7,232,580 5,482,768 (5,333) (5,328,498) 38,700,927 Moulds, tools and factory equipment 1,717,157 71,196 (331,004) 1,457,349 Electrical installations and substation 1,550,209 17,508 (289,300) 1,278,417 Motor vehicles 907,865 836,394 (95,885) (473,761) 1,174,613 office equipment, furniture and fittings 1,424,345 210,289 (311,947) 1,322,687 Renovation 1,641,468 661,966 (291,508) 2,011,926 Building in progress 23,665,348 (23,665,348) Machinery in progress 5,482,768 (5,482,768) 100,226,069 10,401,714 (101,218) (7,573,460) 102,953,105
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