144 / 188
140
NOTES TO THE FINANCIAL STATEMENTS
F I N A N C I A L S TAT E M E N T S
15. GOODWILL ON CONSOLIDATION
Group
2018
2017
RM’000
RM’000
At 1 April 2017/2016 and 31 March
510
510
(a)
Key Assumptions used in Value-In-Use Calculations
The key assumptions used in value-in-use calculations are as follows:
2018
2017
%
%
Discount rate
1
10
10
Terminal growth rate
2
5
5
Assumptions:
1.
Pre-tax discount rate applied to the cash flow projections.
2.
Weighted average growth rate used to extrapolate cash flows beyond the budget period.
(b)
Sensitivity analysis
In assessing value-in-use and fair value, management believes that no reasonably possible change in any of the above
key assumptions would cause the carrying value of the goodwill to materially exceed its recoverable amount.
16. INVESTMENTS IN SUBSIDIARIES
Redeemable
Unquoted
convertible
shares
loan stocks
Total
RM’000
RM’000
RM’000
Company
At 1 April 2017
26,999
45,100
72,099
Subscription during the year
-
5,800
5,800
At 31 March 2018
26,999
50,900
77,899
At 1 April 2016
26,999
35,100
62,099
Subscription during the year
-
10,000
10,000
At 31 March 2017
26,999
45,100
72,099