312 / 396
12. Investment in subsidiaries (cont’d.)
Material partly-owned subsidiaries (cont’d.)
Summarised cash flow information for the year ended 31 December 2017:
IAA
RM’000
PAA
RM’000
Operating
36,124
65,097
Investing
6,330
(26,950)
Financing
(19,978)
(22,243)
Net increase in cash and cash equivalents
22,476
15,904
13. Investment in joint ventures
Group
Company
2017
RM’000
2016
RM’000
2017
RM’000
2016
RM’000
Unquoted investments, at cost
5,596
81,559
–
81,559
Share of post-acquisition profits
–
106,750
–
–
5,596
188,309
–
81,559
The joint ventures listed below have share capital consisting solely of ordinary shares, which are directly held by the Company:
Name of entity
Principalplace
ofbusiness/
countryof
incorporation
Group’s effective
equity interest
Principal
activities
2017
%
2016
%
Directly held by the Company
Asian Aviation Centre of Excellence Sdn Bhd (“AACOE”)
ƒ
Malaysia
–
50
Aviation
training
Held by AAIL
Touristly Travel Sdn Bhd
Malaysia
50
–
Tour and travel
services
Held by Madcience Consulting Sdn Bhd
Big Data for Human APAC Limited (“BD4H”)
ƒ
United
Kingdom
50
50
Dormant
ƒ
Audited by a firm other than Ernst & Young.
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
[ ]
AirAsia Berhad
REPORTS AND FINANCIAL STATEMENTS
298