1.7 20.1 (127.3) 98.9 (48.8) 24.9 6.2 (30.1) (168.2) 113.8 * Included in the carrying amount of NCI in JEP is a redemption of RPS from NCI amounting to RM24.0 million (2022: RM73.5 million). # Included in the carrying amount of NCI in KEV is a conversion to NCI equity amounting to RM626.8 million as disclosed in Note 26. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 TENAGA NASIONAL BERHAD Integrated Annual Report 2023 230 7 SUBSIDIARIES (CONTINUED) (b) NCI (continued) The summarised financial information of SESB, KEV and JEP before inter-company eliminations are as follows: SESB KEV JEP 2023 RM’million 2022 RM’million 2023 RM’million 2022 RM’million 2023 RM’million 2022 RM’million Summarised statement of financial position Non-current assets 7,986.3 8,074.4 1,281.7 1,425.0 10,564.5 10,562.4 Current assets 2,285.0 2,123.3 1,576.72,481.5 1,762.1 2,226.6 Non-current liabilities (6,322.9) (6,566.6) (325.4) (565.2) (8,309.9) (8,803.4) Current liabilities (2,204.8) (1,905.7) (927.6) (1,418.6) (1,361.0) (1,087.7) Net assets 1,743.6 1,725.4 1,605.4 1,922.7 2,655.7 2,897.9 Summarised statement of comprehensive income Revenue 2,766.3 2,561.2 3,066.3 4,312.6 4,511.2 4,452.8 Profit/(Loss) after tax 85.5 (37.1) (318.3) 247.2 (162.7) 83.1 Other comprehensive (expense)/income (75.6) 153.8 0 0 0 0 T otal comprehensive income/(expense) 9.9 116.7 (318.3) 247.2 (162.7) 83.1 Summarised statement of cash flows Net cash flows generated from/(used in) operating activities 855.0 306.3 53.3 (77.6) 755.3 732.4 Net cash flows (used in)/generated from investing activities (191.9) 22.8 8.4 7.8 18.4 706.5 Net cash flows used in financing activities (599.3) (684.5) (153.9) (159.9) (881.5) (928.8) Net increase/(decrease) in cash and cash equivalents 63.8 (355.4) (92.2) (229.7) (107.8) 510.1 8 JOINT ARRANGEMENTS Accounting Policy A joint arrangement is an arrangement over which there is contractually agreed sharing of control by the Group with one or more parties where decisions about the relevant activities relating to the joint