154 / 204
Notes To The
Financial Statements
As at 31 March 2019
15. Investments in subsidiaries (cont’d.)
(b) Financial information of a material subsidiary, PTNJL, which has a non-controlling interests is set out below.
The summarised financial information presented below is the amount before inter-company elimination.
(cont’d.)
(ii) Summarised statement of comprehensive income
2019
2018
RM’000
RM’000
Revenue
102,384
138,020
Profit for the year
32,770
33,029
Other comprehensive income
82
(30,505)
Total comprehensive income
32,852
4,546
Dividend paid to non-controlling interests
3,845
8,370
(iii) Summarised statement of cash flows
2019
2018
RM’000
RM’000
Net cash generated from operating activities
32,095
34,193
Net cash used in investing activities
(3,599)
(2,546)
Net cash used in financing activities
(34,225)
(44,373)
Net decrease in cash and cash equivalents
(5,729)
(12,726)
Cash and cash equivalents at beginning of the year
31,809
51,797
Effect of exchange rate changes
1,904
(7,262)
Cash and cash equivalents at end of the year
27,984
31,809
(c) During the year, the Company subscribed to RM5.8 million (58 units) redeemable convertible loan stocks
issued by the following subsidiaries:
RM’000
Cendana Laksana Sdn. Bhd.
4,000
Taka Worldwide Trading Sdn. Bhd.
900
Etika Gangsa Sdn. Bhd.
900
5,800
All redeemable convertible loan stocks are subscribed at nominal value of RM100,000 per loan stock with
5.0% per annum coupon rate.
The redeemable loan stocks were subsequently converted into redeemable convertible preference shares
as further disclosed in Note 15(e) below.
150
Fima Corporation Berhad
(21185-P)
Annual Report 2019