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Notes To The
Financial Statements
As at 31 March 2019
14. Goodwill on consolidation
Group
2019
2018
RM’000
RM’000
At 1 April 2018/2017 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:
2019
2018
%
%
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.
15. Investments in subsidiaries
Company
Unquoted
shares
RM’000
Redeemable
convertible
loan
stocks
RM’000
Redeemable
preference
shares
RM’000
Redeemable
convertible
preference
shares
RM’000
Total
RM’000
At 1 April 2018
26,999
50,900
-
-
77,899
Subscription
-
5,800
35,400
8,400
49,600
Redemption
-
(15,000)
-
-
(15,000)
Conversion
-
(41,700)
-
41,700
-
At 31 March 2019
26,999
-
35,400
50,100
112,499
At 1 April 2017
26,999
45,100
-
-
72,099
Subscription
-
5,800
-
-
5,800
At 31 March 2018
26,999
50,900
-
-
77,899
financial
statements
147