Frontken Berhad Annual Report 2021

Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 123 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 13. INVESTMENTS IN SUBSIDIARIES (CONT’D) The non-controlling interests at the end of the reporting period comprise the following:- Effective Equity Interest The Group 2021 2020 2021 2020 % % RM RM AGTC 8.21 8.75 28,855,805 24,091,346 TTES 55 55 5,744,210 5,005,171 Other individually immaterial subsidiaries (374,735) (2,057,256) 34,225,280 27,039,261 The summarised financial information (before intra-group elimination) for each subsidiary that has non-controlling interests that are material to the Group is as follows:- AGTC 2021 2020 RM RM At 31 December Non-current assets 175,067,725 93,648,077 Current assets 321,144,060 279,581,483 Non-current liabilities (13,224,399) (2,678,906) Current liabilities (131,515,947) (110,428,010) Net assets 351,471,439 260,122,644 Financial Year Ended 31 December Revenue 311,010,190 240,778,716 Profit for the financial year 93,424,504 65,546,395 Total comprehensive income 108,022,953 75,196,388 Total comprehensive income attributable to non-controlling interests 9,452,008 6,703,534 Dividends paid to non-controlling interests (1,080,505) (756,391) Net cash from operating activities 108,975,979 90,888,575 Net cash for investing activities (75,175,116) (15,537,879) Net cash for financing activities (13,144,616) (8,972,727)

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