Notes to the consolidated financial statements Annua l Report 2014 95
14 Investments in joint ventures and associates (continued)
Set out below is the summarized financial information for JMR (on a 100% basis).
JMR JMR1
million 2014 2013
Summarized balance sheet
Current
Cash and cash equivalents 74 106
Other current assets 312 297
Total current assets 386 403
Financial liabilities (excluding trade payables) (250) (151)
Other current liabilities (879)
Total current liabilities (1,129) (983)
Non-current
Assets 1,121 1,171
Financial liabilities - (228)
Other liabilities (29) (25)
Total non-current liabilities (29) (253)
Net assets 349 338
Net assets attributable to JMR 354 341
Net assets attributable to non-controlling interest (5) (3)
JMR JMR1
million 2014 2013
Summarized statement of comprehensive income
Net sales 3,565 3,499
Depreciation and amortization (100) (102)
Interest income - 1
Interest expense (13) (23)
Income tax expense (19)
Profit from continuing operations 44 17
Net income 44 17
Net income attributable to JMR 46 18
Net income attributable to non-controlling interest (2) (1)
Other comprehensive income 1 1
Total comprehensive income attributable to JMR 47 19
1 Comparative figures for JMR have been adjusted to reflect changes in presentation within the joint venture. There is no impact on net income attributable to JMR.