WILLAS-ARRAY ELECTRONICS (HOLDINGS) LIMITED
134
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED MARCH 31, 2016
20. INVESTMENTS IN SUBSIDIARIES
THE GROUP
2016
2015
HK$’000
HK$’000
Unquoted equity shares, at cost
117,470
117,470
The table below shows details of non-wholly owned subsidiaries of the Group that have material
non-controlling interests:
Place of
Proportion of
Incorporation/
ownership interests
Gain (loss)
Accumulated
principal place
and voting rights held by
allocated to
non-controlling
Name of subsidiary
of business
non-controlling interests
non-controlling interests
interests
2016
2015
2016
2015
2016
2015
%
%
HK$’000
HK$’000
HK$’000
HK$’000
Noblehigh Enterprises
Inc. (Note)
BVI/Hong Kong
40
40
1,541
(1,742)
(3,048)
(4,589)
Note:
The summarised financial information disclosed comprised of the financial information of Noblehigh
Enterprises Inc. and its wholly owned subsidiaries.
Summarised financial information in respect of each of the Group’s subsidiaries that has material
non-controlling interests is set out below. The summarised financial information below represents
amounts before intragroup eliminations.
Noblehigh Enterprises Inc.
2016
2015
HK$’000
HK$’000
Current assets
7,869
6,006
Non-current assets
221
368
Current liabilities
(15,710)
(17,846)
Equity attributable to owners of the Company
(7,620)
(11,472)
