156 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) DATASONIC GROUP BERHAD FINANCIAL STATEMENT 06 7. INVESTMENTS IN SUBSIDIARIES (CONT’D) (a) The non-controlling interests at the end of the financial year comprise the following:- Effective Equity Interest Group 2023 2022 2023 2022 % % RM’000 RM’000 DBTP 60 60 249 271 DSB 40 40 (3) (2) The summarised financial information (before intra-group elimination) for each subsidiary that has noncontrolling interests is not presented as the non-controlling interests are not material to the Group. 8. INVESTMENT IN AN ASSOCIATE Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Unquoted share, at cost # # - - Share of post-acquisition loss (#) (#) - - - - - - Note:- # - Amount less than RM1,000. The details of the associate are as follows:- Name of Associate Principal Place of Business Effective Equity Interest Principal Activities 2023 2022 % % Held by DTSB Datasonic Grid Sdn. Bhd. ("DGSB") Malaysia 25 25 Dormant. (a) The share of result in the associate is based on the financial statements for the financial year ended 31 March 2023. (b) The summarised financial information for the associate is not presented as the associate is not material to the Group. (c) The Group has not recognised the cumulative loss of DGSB, where its share of loss exceeds the Group’s cost of investment. The Group’s cumulative share of unrecognised loss at the end of the financial year was approximately RM4,000 (2022 - RM3,000) of which approximately RM1,000 (2022 - RM1,000) was the share of the current financial year’s loss. The Group has no obligation in respect of this loss.
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