225 How We Are Governed Financial Statements Shareholders’ Information Additional Information 14. INVESTMENTS IN ASSOCIATES (CONT'D.) (b) Summarised financial information of the material associate is as follows: (cont'd.) (iii) Reconciliation of the summarised financial information presented above to the carrying amount of the Group's interest in the material associate Wasatah Capital 2021 RM'000 2020 RM'000 Net assets at 1 January 261,598 233,293 Profit before taxation 20,811 16,149 Other comprehensive income 20,617 16,225 Movement of foreign exchange reserve 9,098 (4,068) Net assets at 31 December 312,124 261,598 Interest in Wasatah Capital 29.60% 29.60% Share of net assets at 31 December 92,389 77,433 Accumulated Group's share of tax expense (1,454) (1,631) Accumulated impairment losses (4,549) (4,549) Carrying value of the Group's interest in Wasatah 86,386 71,253 Carrying value of other associates 785 825 Total carrying value of Group's interest in associates 87,171 72,078 (c) Aggregate information of associates that are not individually material 2021 RM'000 2020 RM'000 The Group's share of results in associates, representing share of total comprehensive loss 5 50
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