Notes tothe financial statements For the financial year ended 31 December 2023 19. Investment in subsidiary companies (cont’d) (b) Interest in a subsidiary with material non-controlling interest (“NCI”) The Group has the following subsidiary that has NCI that are material to the Group. Name of subsidiary Principal place of business Proportion of ownership interest held by noncontrolling interest Profit allocated to NCI during the year Accumulated NCI at the end of the year Dividends paid to NCI % Rp million Rp million Rp million 31 December 2023: PT SIMP Indonesia 26.54 130,786 4,489,109 146,362 31 December 2022: PT SIMP Indonesia 26.54 241,144 4,499,557 140,838 121 GROUP OVERVIEW OPERATION AND FINANCIAL REVIEW SUSTAINABILITY & GOVERNANCE FINANCIALS OTHER INFORMATION Annual Report 2023
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