DESTINI Annual Report 2020

6. Investment in Subsidiaries (Cont’d) (a) Material partly-owned subsidiaries (Cont’d) Summarised financial information for the subsidiaries that have non-controlling interest that are material to the group is set out below. The summarised financial information below represents amounts before inter-company eliminations: (Cont’d). THHE Destini Sdn. Bhd. TF Corp Saudi Arabia Co. Ltd. Destini Marine Safety Solutions Ltd 2020 2019 2020 2019 2020 2019 RM RM RM RM RM RM Summarised statements of cash flows Net cash from/(used in) operating activities (26,586,294) (269,530) (429,617) (367,092) 796,684 (322,165) Net cash from/(used in) investing activities (5,465,906) (331,130) - - (25,912) 70,896 Net cash from/(used in) financing activities 32,062,954 268,786 - - - - Net increase/(decrease) in cash and cash equivalents 10,754 (331,874) (429,617) (367,092) 770,772 (251,269) ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 140