Page 146 - S P Setia Annual Report 2016
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144   S P Setia Berhad Group
                Annual Report 2016




          Notes To The Financial Statements

          For The Financial Year Ended 31 December 2016

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

              The summarised aggregate financial information of the Group’s share of other individually non-material jointly controlled entities as at
              31 December is set out below:

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

               Loss for the year/period                                                         (21,418)      (59,207)
               Other comprehensive income for the year/period                                        -             -
               Total comprehensive loss for the year/period                                     (21,418)      (59,207)

                                                                                                  2016          2015
                                                                                                RM’000        RM’000

               Carrying amount of the Group’s interest in individually non-material jointly controlled entities  (53,509)  (34,889)


          8.   INVESTMENTS IN SUBSIDIARY COMPANIES

                                                                                                   Company
                                                                                                  2016          2015
                                                                                                RM’000        RM’000

               Unquoted shares in subsidiary companies, at cost                                 511,908       509,148
               Capital contribution to subsidiary companies, at cost                          4,376,644      3,212,163
               LTIP granted to employees of subsidiary companies                                80,729         69,886
               Impairment losses                                                                (61,008)      (61,008)
                                                                                              4,908,273      3,730,189


              The capital contribution to subsidiary companies represents additional shareholders’ net investment. The capital contribution is
              unsecured, interest free and the repayment of such balances are not expected in the foreseeable future until such time the subsidiary
              companies are in the position to repay the amount without impairing its liquidity position.
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