Dagang NeXchange Berhad Annual Report 2018

7. INVESTMENTS IN ASSOCIATES (CONTINUED) Ping Petroleum Limited 2018 2017 RM’000 RM’000 Group (continued) Summarised financial information Year ended 31 December Revenue 315,300 269,910 Profit for the year 73,358 74,001 Reconciliation of net assets to carrying amount as at 31 December Group’s share of net assets/carrying amount in the statement of financial position 200,907 175,660 Group’s share of results for the year ended 31 December Group’s share of profit for the year 22,007 22,200 Group’s share of other comprehensive income 3,867 (16,916) Group’s share of total comprehensive income 25,874 5,284 Other information Dividend received by the Group 627 - 8. OTHER INVESTMENTS Group 2018 2017 RM’000 RM’000 Unquoted shares, at fair value (2017: at cost) 4,633 4,233 Equity investments designated at fair value through other comprehensive income (a) At 1 January 2018, the Group designated its investments in unquoted shares to be measured at fair value through other comprehensive income. In the previous financial year, these investments were classified as available-for-sale financial assets and measured at cost. 138 Dagang NeXchange Berhad Annual Report 2018 Notes to the Financial Statements (CONTINUED)