DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
|
Annual Report
2015
102
7.
Investment in associates (cont’d)
Other
Perdana individually
Petroleum immaterial
Group
Berhad associate
Total
2014
RM
RM
RM
Reconciliation of net assets to carrying amount (restated)
Group’s share of net assets
197,169,431
2 197,169,433
Goodwill
43,698,633
-
43,698,633
Carrying amount in the statement of financial position
240,868,064
2 240,868,066
Group’s share of results Year ended 31 December
Group’s share of profit for the year
23,010,103
-
23,010,103
Group’s share of other comprehensive income
3,575,195
-
3,575,195
Group’s share of total comprehensive income
26,585,298
-
26,585,298
8.
Deposits
Group
2015
Note
RM
Refundable deposits
(a) 71,176,593
Deposits in Retention Account
(b)
4,180,418
75,357,011
(a) Refundable deposits are deposits held by lessor of marine vessels of a subsidiary which are refundable
to the Group upon expiry of the respective leases.
(b) Deposits in Retention Account represents a minimum cash amount of USD1 million being placed with
a financier. The Retention Account can be released upon settlement of the respective loans owed
to the financier
9.
Goodwill – Group
RM
Cost
At 1 January 2015
-
Acquisition of subsidiaries through business combination (Note 36)
755,250,174
At 31 December 2015
755,250,174
Goodwill arose from the acquisition of a subsidiary during the year.
Notes to the
Financial Statements
(cont’d)
