NOTES TO FINANCIAL STATEMENTS
30 June 2015
Annual Report 2015
Karin Technology Holdings Limited
93
15. INVESTMENT IN AN ASSOCIATE
(continued)
Notes: (continued)
(b)
The following table illustrates the summarised financial information of SCIT, adjusted for any differences in accounting
policies and reconciled to the carrying amount in the consolidated financial statements:
Group
2015
HK$’000
HK$’000
Share of the associate’s net assets
Non-current assets
23
32
Current assets
3,729
Current liabilities
(2,955)
______
______
Net assets
797
______
______
Share of the associate’s results
Total revenue
11,679
Total expenses
(11,385)
______
______
Profit for the year and
total comprehensive income for the year
294
111
______
______
16. INVENTORIES
Inventories of the Group are trading stocks.
