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12. Investment in subsidiaries (cont’d.)
The details of the subsidiaries are as follows: (cont’d.)
The gain on remeasurement of previously held interest in associates immediately before obtaining control are as follows:
IAA
Group
2017
RM’000
Fair value of previously held interest
1,092,702
Less: Carrying amount of previously held interest
(970,168)
Gain on remeasurement of previously held interest
122,534
PAA
Group
2017
RM’000
Fair value of previously held interest
840,300
Less: Carrying amount of previously held interest
(748,484)
Gain on remeasurement of previously held interest
91,816
Total remeasurement gain on consolidation of RM214,350,000 is recognised in the income statements of the Group.
Deemed acquisition of subsidiaries
Details of the assets, liabilities and net cash outflow arising from the acquisition of additional interest in IAA and PAA are as follows:
IAA
Fair value
recognisedon
acquisition
RM’000
Carrying
amount
RM’000
Assets
Non-current assets
Property, plant and equipment (Note 11)
650,684
650,684
Intangible assets (Note 16)
374,600
–
Deferred tax assets (Note 17)
142,930
236,580
Other receivables
104,135
104,135
1,272,349
991,399
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
[ ]
AirAsia Berhad
REPORTS AND FINANCIAL STATEMENTS
288