89
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
for the financial year ended 31 December 2014
12.
INVESTMENT IN SUBSIDIARIES (CONT’D)
(d)
Acquisition of ownership interest in subsidiary (cont’d)
The following summarises the effect of the changes in the Group’s ownership interest in JHL
on the equity attributable to owners of the Company:
$’000
Consideration paid for acquisition of non-controlling interests
626
Decrease in equity attributable to non-controlling interests
(449)
Decrease in equity attributable owners of the company
177
In the consolidated cash flow statement, the acquisition of non-controlling interests was
determined as follows:
$’000
Consideration paid
626
Set off against amount receivable from shareholders (Note 18)
(236)
390
13.
INVESTMENT IN ASSOCIATES
The investments in associates are summarised below:
Group
Company
2014
2013
2014
2013
$’000
$’000
$’000
$’000
POS-SEA Pte Ltd
60
1,124
68
713
BRC Asia Limited (“BRC”)
49,428
47,504
–
–
49,488
48,628
68
713
Fair value of investment in an
associate for which there is
published price quotation (BRC)
36,667
42,146
–
–
