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86 Huawei Investment & Holding Co., Ltd. 2014 Annual Report
Summarised financial information of the material associates, reconciled to the carrying amounts in the consolidated
financial statements summary, are disclosed below:
TD Tech Tianwen Digital Media
2014 2013 2014 2013
CNY million CNY million CNY million CNY million
Gross amounts of the associates'
Current assets 3,949 369 432 302
Non-current assets 49 56 88
Current liabilities (3,412) (429) (159) (60)
Non-current liabilities (109) (87) (7) (2)
Equity/(deficit) 477 (91) 274 248
Revenue 7,604 3,972 233 139
Profit/(loss) 234 (170) 24 1
Reconciled to the Group's interest
in the associates
Gross amounts of net assets of the associate 477 (91) 274 248
Group's effective interest 49% 49% 49% 49%
Group's share of net assets of the associate 202 (45) 134 122
Goodwill ––55
Net loss not shared by the Group –45 ––
Carrying amount in the consolidated
financial statements summary 202 –139 127
Aggregate information of associates that are not individually material:
2014 2013
CNY million CNY million
Aggregate carrying amount of individually immaterial associates in
the consolidated financial statements summary 207 143
Aggregate amounts of the Group's
share of those associates' profit 62 42
14. Interest in joint ventures
Details of the Group's interest in the material joint venture are as follows:
Name of joint venture
Form of
business
structure
Place of
incorporation
and business
Proportion of
ownership interest Nature of the relationship
2014 2013
Huawei Marine Systems Co.,
Ltd. ("Huawei Marine") Incorporated Hong Kong, PRC 51% 51% Construction and operation of
submarine fibres