319 / 396
14. Investment in associates (cont’d.)
Summarised financial information for associates (cont’d.)
2016 (cont’d.)
Reconciliations of summarised financial information
IAA
RM’000
PAA
RM’000
TAA
RM’000
Opening net (liabilities)/assets at 1 January
(353,188)
(272,218)
636,973
Dividend paid
–
–
(157,449)
Profit/(loss) for the financial year
357,273
(141,722)
396,803
Other comprehensive loss
–
–
(74,587)
Foreign exchange differences
260,998
270,867
42,310
Closing net assets/(liabilities) at 31 December
265,083
(143,073)
844,050
Group’s interests in associates
49%
40%
45%
Interests in associates
129,626
(57,229)
379,824
Net investment and subscription of perpetual capital security,
net of impairment losses
840,542
805,713
–
Carrying value at 31 December
970,168
748,484
379,824
Individually immaterial associates
In addition to the interests in associates disclosed above, the Group also has interests in a number of individually immaterial
associates that are accounted for using the equity method.
Group
2017
RM’000
2016
RM’000
Aggregate carrying amount of individually immaterial associates
103,172
112,111
Aggregate amounts of the Group’s share of:
Loss from continuing operations
(81,263)
(116,794)
Other comprehensive income
–
–
Total comprehensive income
(81,263)
(116,794)
[ ]
305
AirAsia Berhad
REPORTS AND FINANCIAL STATEMENTS