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Notes to the

financial statements

For the financial year ended 31 December 2018

112

B A K E R T E C H N O L O G Y

L I M I T E D

12.

Investment in subsidiaries (cont’d)

(c)

Summarised financial information about subsidiary with material NCI

Summarised financial information including goodwill on acquisition and consolidation

adjustments but before intercompany eliminations of subsidiaries with material non-

controlling interests are as follows:

Summarised balance sheets

CH Offshore Ltd

31.12.2018

$’000

Current assets

22,029

Non-current assets

124,644

Total assets

146,673

Current liabilities

13,882

Non-current liabilities

9,612

Total liabilities

23,494

Net assets

123,179

Summarised statement of comprehensive income

CH Offshore Ltd

27.8.2018

to

31.12.2018

$’000

Revenue

5,730

Loss before income tax

(7,185)

Income tax expense

(165)

Loss after tax, representing total comprehensive income

(7,350)