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Notes to the
financial statements
For the financial year ended 31 December 2018
116
B A K E R T E C H N O L O G Y
L I M I T E D
13.
Investment in associates (cont’d)
The summarised financial information in respect of PT Bahtera Nusantara Indonesia, based on its
international financial reporting standards (“IFRS”) financial statements and a reconciliation with
the carrying amount of the investment in the consolidated financial statements are as follows:
Summarised balance sheet
PT Bahtera
Nusantara
Indonesia
31.12.2018
$’000
Current assets
3,088
Non-current assets
27,903
Total assets
30,991
Current liabilities
1,915
Non-current liabilities
18,915
Total liabilities
20,830
Net assets
10,161
Group’s share of net assets, representing carrying amount of the investment
4,979