Page 233 - Capricorn IAR 2020
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2020 INTEGRATED ANNUAL REPORT
NOTES TO THE CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS (continued)
for the year ended 30 June 2020
20. INVESTMENT IN ASSOCIATES (continued)
20.4 Paratus Group Holdings Ltd (continued)
Technique used for directors’ valuation:
The directors’ valuation was determined by using the implied price earnings basis of valuation.
Group
Company
2020 N$’000
(57,462)
2020 N$’000
777,289
– – –
21,723
21,723
918,307
385,009
– – – – –
(285,310)
(183,885)
776,658
–
232,997
232,997
– –
581,800
348,716
431,195
2019 N$’000
2019 N$’000
Summarised financial information (unaudited)
Revenue
Profit after tax
Total comprehensive income
Non-current assets Current assets Non-current liabilities Current liabilities Non-controlling interest
Net asset value
Interest in associate (30.0%)
Carrying value of investment in associate Total investment in associates (non-current)
198,932
Refer to note 40 for related party transactions and balances with associates.
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