146
AirAsia X Berhad • Annual Report 2014
NOTES TO THE FINANCIAL STATEMENTS
AS AT 31 DECEMBER 2014
17 INVESTMENT IN AN ASSOCIATE (CONTINUED)
Summarised statement of comprehensive income
TAAX
2014
RM’000
2013
RM’000
Revenue
160,964
-
Cost of sales
(209,473)
(746)
Other operating expenses
(28,503)
(333)
Interest income
272
55
Interest expense
(251)
-
Other income
825
-
Loss before taxation
(76,166)
(1,024)
Income tax expenses
-
-
Loss after tax
(76,166)
(1,024)
Other comprehensive income
-
-
Total comprehensive loss
(76,166)
(1,024)
Dividend received from associate
-
-
Reconciliation of summarised financial information
TAAX
2014
RM’000
2013
RM’000
Opening net assets at 1 January /acquisition date
39,829
40,853
Loss for the financial year
(76,166)
(1,024)
Closing net (liabilities)/assets at 31 December
(36,337)
39,829
Interest in associate (49%)
-
19,516
Unrecognised share of loss (49%)
- for the year
17,805
-
- cumulative
17,805
-
Carrying value at 31 December
-
19,516
