84
NATURAL COOL HOLDINGS LIMITED
NOTES TO
THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014
31 Non-controlling interests (Continued)
VNS
Manufacturing
Pte. Ltd.
VNS
Switchgear
(India) Pvt.
Ltd.
Other
individually
immaterial
subsidiaries
Total
$
$
$
$
NCI percentage
19% 49%
2013
Revenue
6,836,791 1,008,547
–
Loss for the year
(74,577)
(43,384)
(9,527)
Other comprehensive income
–
(31,438)
–
Total comprehensive income
(74,577)
(74,822)
(9,527)
Attributable to NCI:
- Loss for the year
(14,170)
(21,258)
(3,334)
(38,762)
- Other comprehensive income
–
(15,405)
–
(15,405)
Total comprehensive income
(14,170)
(36,663)
(3,334)
(54,167)
Non-current assets
30,064
487,182
–
Current assets
3,105,931 1,440,381
82,155
Non-current liabilities
–
(25,348)
–
Current liabilities
(2,732,079)
(1,567,967)
–
Net assets
403,916
334,248
82,155
Net assets attributable to NCI*
82,804*
163,782
28,754
275,340
Cash flows generated from/(used in)
operating activities
229,713
57,813
(22,125)
Cash flows used in investing activities
(10,326)
(15,601)
–
Cash flows (used in)/generated from
financing activities, before dividends
to NCI
(97,179)
111,096
–
Net increase/(decrease) in cash
and cash equivalents
122,208
153,308
(22,125)
*
Net assets attributable to NCI post step-up acquisition in prior years.
