Page 145 - S P Setia Annual Report 2016
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S P Setia Berhad Group                                                                                143
          Annual Report 2016




                                                                               Notes To The Financial Statements

                                                                                  For The Financial Year Ended 31 December 2016

          7.   INVESTMENTS IN JOINTLY CONTROLLED ENTITIES (CONT’D.)

              Summarised financial information in respect of the Group’s material jointly controlled entities is set out below. The summarised financial
              information below represents amounts shown in the jointly controlled entities’ financial statements prepared in accordance with the
              Group accounting policies.

                                                                                                  2016          2015
               Battersea Project Holding Company Limited Group                                  RM’000        RM’000
               Non-current assets                                                             3,229,097      2,365,725
               Current assets                                                                 8,164,602      5,516,042
               Non-current liabilities                                                        (4,779,563)   (3,273,445)
               Current liabilities                                                            (2,286,057)   (1,804,012)
               Net assets                                                                     4,328,079     2,804,310

                                                                                               1.1.2016      1.11.2014
                                                                                                    to            to
                                                                                             31.12.2016     31.12.2015
                                                                                                RM’000        RM’000

               Revenue                                                                        1,335,093            -
               Profit/(loss) for the year/period                                                225,334       (125,807)
               Other comprehensive income for the year/period                                        -             -
               Total comprehensive income/(loss) for the year/period                            225,334       (125,807)

              Reconciliation of the above summarised financial information to the carrying amount of the interest in the jointly controlled entities
              recognised in the consolidated financial statements:

                                                                                                  2016          2015
                                                                                                RM’000        RM’000

               Net assets                                                                     4,328,079     2,804,310
               Proportion of ownership interest held by the Group                                 40%            40%
               Carrying amount of the Group’s interest in the jointly controlled entity       1,731,232      1,121,724


              There is no dividend paid by Battersea Project Holding Company Limited Group during the financial year (2015: RM Nil).
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