Boustead Plantations Berhad - page 124

32. Interest in joint operation plantation
The Group and the Company have a 50% interest in Kuala Muda Estate, a joint operation plantation, which is
held at book value of RM22,435,000 (2014: RM22,435,000). The following amounts represent the Group’s and
Company’s share of the assets and liabilities as well as share of revenue and expenses of the joint operation
plantation, which are included in the respective statement of financial position and income statement:
Group and Company
2015
2014
RM’000
RM’000
Statement of financial position
Non-current assets
17,274
17,328
Current assets
17,536
17,304
Current liabilities
(235)
(90)
Non-current liabilities
(64)
(152)
Net assets
34,511
34,390
Income statement
Revenue
7,624
7,634
Operating cost
(4,549)
(2,960)
Operating profit
3,075
4,674
Capital commitments
219
38
There is no reported material contingent liability relating to the Group’s and the Company’s interest in the joint
operation plantation.
n otes to th e f i nan c i a l statements
Bo ustead plantati o ns Berhad
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