Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 106 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 5. REVENUE The Group The Company 2021 2020 2021 2020 RM RM RM RM Provision of services 418,495,231 341,429,815 - - Sale of goods 31,727,021 26,889,649 - - Dividend income from subsidiaries - - 90,483,564 65,771,356 Management fee from subsidiaries - - 49,800 49,800 450,222,252 368,319,464 90,533,364 65,821,156 The revenue represents sales which were recognised at a point in time. 6. FINANCE COSTS The Group The Company 2021 2020 2021 2020 RM RM RM RM Interest expense on:- Term loans - 12,780 - - Lease liabilities 614,836 653,936 - 4,848 614,836 666,716 - 4,848 7. NET IMPAIRMENT LOSSES ON FINANCIAL ASSETS The Group The Company 2021 2020 2021 2020 RM RM RM RM Impairment losses: - trade receivables (64,043) (202,171) - - Writeback of impairment losses: - trade receivables 204,546 - - - 140,503 (202,171) - -
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