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INVESTMENTS IN AFFILIATES (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Participation percentages, carrying amounts and components of non-consolidated investees
At December 31, 2019 and 2018, we have the following participation in investments that are recorded using the equity method:
 20192018
Golar Partners (1)
32.0 %32.0 %
Egyptian Company for Gas Services S.A.E ("ECGS")50 %50 %
Golar Power50 %50 %
OneLNG51 %51 %
The Cool Pool Limited ("Pool Manager")100 %50 %
Avenir LNG Limited ("Avenir")22.5 %22.5 %
Cool Company Limited ("Cool Co")100 %49.5 %
(1) As of December 31, 2019, we held a 32.0% (2018: 32.0%) ownership interest in Golar Partners (including our 2% general partner interest) and 100% of the IDRs.

The carrying amounts of our investments in our equity method investments as at December 31, 2019 and 2018 are as follows:
(in thousands of $)20192018
Golar Partners214,296  271,160  
Golar Power261,693  266,151  
Avenir28,101  28,710  
ECGS4,715  5,261  
Cool Co—  500  
Equity in net assets of affiliates508,805  571,782  

The components of equity in net assets of non-consolidated affiliates are as follows:
(in thousands of $)20192018
Balance as of January 1,571,782  703,225  
Additions7,348  88,423  
Capitalized Interest15,996  14,965  
Dividends(36,726) (49,023) 
Equity in net losses of affiliates (45,799) (12,095) 
Impairment of investment in affiliate(500) (149,389) 
Share of other comprehensive income of affiliates(3,296) (24,324) 
Balance as at December 31,508,805571,782
Summarized financial information of affiliated undertakings
Summarized financial information of the affiliated undertakings shown on a 100% basis are as follows:
(in thousands of $)December 31, 2019
ECGSGolar PartnersGolar PowerAvenir
Balance Sheet
Current assets27,719  133,299  126,406  26,198  
Non-current assets95  1,972,313  1,028,386  71,742  
Current liabilities(16,024) (309,154) (232,200) (3,641) 
Non-current liabilities(1,203) (1,143,764) (338,351) (4,830) 
Non-controlling interests—  83,231  7,090  —  
Statement of Operations
Revenue32,052  299,652  45,223  1,058  
Net income/(loss)297  21,134  (6,928) (7,878) 

(in thousands of $)December 31, 2018
ECGSGolar PartnersPool ManagerGolar PowerOneLNGAvenir
Balance Sheet
Current assets22,955  164,529  98,448  79,029  4,884  78,591  
Non-current assets244  2,076,288  —  955,100  —  20,840  
Current liabilities(11,510) (323,508) (98,448) (285,447) (8,741) (1,760) 
Non-current liabilities(1,203) (1,157,792) —  (149,114) —  —  
Non-controlling interests—  79,902  —  1,541  —  —  
Statement of Operations
Revenue30,596  346,650  346,170  78,732   487  
Net income (loss)207  76,548  —  (10,202) (6,646) (975)