Page 155 - RFHL ANNUAL REPORT 2025 ONLINE_NEW
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        6  Investment in associated companies


                                                                                             2025        2024

            Balance at beginning of year                                                       78          69
            Share of profit                                                                    10           9

            Balance at end of year                                                             88          78


              The Group’s interest in associated companies is as follows:

                                                                              Country     Reporting    Proportion
                                                                                   of    year-end of     of issued
                                                                           incorporation    associate    capital held


            G4S Holdings (Trinidad) Limited                                   Trinidad   December     24.50%
                                                                            and Tobago
            InfoLink Services Limited                                         Trinidad   December     25.00%
                                                                            and Tobago

            Summarised financial information in respect of the Group’s associates is as follows:

                                                                                             2025        2024


            Total assets                                                                      398         356
            Total liabilities                                                                   51         47
            Net assets/equity                                                                 347         309
            Group’s share of associates’ net assets                                            88          78
            Profit for the period                                                              40          37
              Group’s share of profit of associated companies after tax for the period          10          9



        7  Premises and equipment


                                                        Capital                         Equipment,
                                                       work in     Freehold     Leasehold     furniture
            2025                                      progress     premises     premises   and fittings     Total

            Cost
            At beginning of year                           382       2,390         381        3,516     6,669
            Exchange and other adjustments                   6          (12)        12          15         21
            Additions at cost                              261           6           1        100         368
            Disposal of assets                              (4)         (8)         (5)        (90)      (107)
            Transfer of assets                             (171)        55          38         78           –

            At end of year                                 474        2,431       427        3,619       6,951
   150   151   152   153   154   155   156   157   158   159   160