Summarized financial information of the material associate, adjusted for any differences in accounting policies, and reconciled to the carrying amount in the consolidated financial statements, are disclosed below:
| Tower Company | ||||||||
| 2016 | 2017 | |||||||
|
Current assets |
39,565 | 30,517 | ||||||
|
Non-current assets |
272,103 | 292,126 | ||||||
|
Current liabilities |
(171,568 | ) | (150,438 | ) | ||||
|
Non-current liabilities |
(14,548 | ) | (44,710 | ) | ||||
|
Equity |
(125,552 | ) | (127,495 | ) | ||||
|
Revenue |
54,474 | 68,665 | ||||||
|
(Loss)/income for the year |
(575 | ) | 1,943 | |||||
|
Total comprehensive income for the year |
(575 | ) | 1,943 | |||||
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Reconciled to the Group’s interest in the associate: |
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Net assets of the associate |
125,552 | 127,495 | ||||||
|
Group’s effective interest |
28.1 | % | 28.1 | % | ||||
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| 35,280 | 35,826 | |||||||
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Adjustment for the remaining balance of the deferred gain from the Group’s Tower Assets Disposal |
(3,145 | ) | (2,784 | ) | ||||
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Carrying amount in the consolidated financial statements |
32,135 | 33,042 | ||||||
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