continued - The Lion Group

19. INVESTMENT IN ASSOCIATES
Group Company
2010 2009 2010 2009
RM’000 RM’000 RM’000 RM’000
Quoted Shares in Malaysia, at cost 209,807 322,917 200,245 200,245
Quoted Shares outside Malaysia
- at cost 95,994 95,994 – –
- accumulated impairment losses (12,162) (12,162) – –
83,832 83,832 – –
Unquoted Shares
- at cost 844,786 844,786 728,348 728,348
- accumulated impairment losses (447,512) (446,144) (728,348) (726,808)
397,274 398,642 – 1,540
690,913 805,391 200,245 201,785
Share of post-acquisition results
and reserves 253,783 462,327 – –
944,696 1,267,718 200,245 201,785
Market value of quoted shares:
- quoted in Malaysia 268,097 365,175 254,613 225,721
- quoted outside Malaysia 73,526 54,678 – –
Represented by:
Share of net assets other than goodwill 910,024 1,214,269
Share of goodwill in associates 34,672 53,449
944,696 1,267,718
Certain investments in associates of the Group with carrying values totalling RM682.5 million (2009: RM1,020.5
million) have been charged to financial institutions for credit facilities granted to the Group and as security for
the bonds and debts issued by the Company and certain borrowings of the subsidiaries.
The impairment of certain investment in associates was recognised to reflect their recoverable amounts based on
the net assets or net tangible assets of the associates.
80