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Notes to the
Financial Statements
As at 31 March 2020
Fima CORPORATION Berhad
(197401004110)
(21185-P)
• Annual Report 2020
159
17. Investments in subsidiaries (cont’d.)
(b) Financial information of a material subsidiary, PT Nunukan Jaya Lestari (“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
2020
2019
RM’000
RM’000
Revenue
99,857
102,384
Profit for the year
519
32,770
Other comprehensive (loss)/income
(151)
82
Total comprehensive income
368
32,852
Dividend paid to non-controlling interests
-
3,845
(iii) Summarised statement of cash flows
2020
2019
RM’000
RM’000
Net cash generated from operating activities
9,127
32,095
Net cash used in investing activities
(4,456)
(3,599)
Net cash used in financing activities
(1,713)
(34,225)
Net increase/(decrease) in cash and cash equivalents
2,958
(5,729)
Cash and cash equivalents at beginning of the year
27,984
31,809
Effect of exchange rate changes
(3,754)
1,904
Cash and cash equivalents at end of the year
27,188
27,984
(c) During the year, the Company has converted RM50.1 million (501 units) redeemable convertible preference shares issued by
the following subsidiaries into redeemable preference shares:
RM’000
Gabungan Warisan Sdn. Bhd.
5,500
Cendana Laksana Sdn. Bhd.
30,100
Next Oasis Sdn. Bhd.
4,300
Taka Worldwide Trading Sdn. Bhd.
4,600
Etika Gangsa Sdn. Bhd.
5,600
50,100