2003 - 04 Annual Report - Sbs

1052004 2003$'000 $'000(xii) Investment in associated company and equity information (continued)CostCarrying amount of investment in associated company (at cost) 3,667 3,667Dividends receivable from associated company - -3,667 3,667EquityCarrying amount of investment in associated company (at cost) 3,667 3,667Less share of retained losses (652) (935)Equity-accounted amount of investment 3,015 2,732Share of associate’s operating profit/(loss) before income tax 400 (148)Share of income tax expense/(credit) attributable to operating profit/(loss) (117) 31Share of operating profit (loss) after income tax 283 (117)Accumulated results attributable to associate1 July (935) (818)30 June (652) (935)Movement in the equity accounted investment in associated companyInvestment in associated company 1 July 2,732 2,849New investments during the year - -Share of operating profit (loss) after income tax 283 (117)Dividend revenue from associated company - -Disposals during the year - -Investment in associated company 30 June 3,015 2,732Share of commitmentsShare of operating lease commitments 36 37