Summarized financial information of the material joint venture, adjusted for any differences in accounting policies, and reconciled to the carrying amount in the consolidated financial statements, are disclosed below:
MUCFC | ||||||||
2016 | 2017 | |||||||
Assets |
18,548 | 46,980 | ||||||
Liabilities |
(16,296 | ) | (42,339 | ) | ||||
Equity |
(2,252 | ) | (4,641 | ) | ||||
Revenue |
1,191 | 4,163 | ||||||
Income for the year |
336 | 1,189 | ||||||
Total comprehensive income for the year |
336 | 1,189 | ||||||
Reconciled to the Group’s interests in the joint venture: |
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Net assets of the joint venture |
2,252 | 4,641 | ||||||
Group’s effective interest |
50 | % | 50 | % | ||||
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Carrying amount in the consolidated financial statements |
1,126 | 2,321 | ||||||
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