DESTINI Annual Report 2020

8. Investment in Joint Ventures (Cont’d) Summarised financial information of the Group’s joint ventures is set out below. The summarised financial information represents the amounts in the financial statements of joint ventures and not the Group’s share of those amounts. DATSB IASB FDSPT 2020 2019 2020 2019 2020 2019 RM RM RM RM RM RM Summarised statements of financial position Non-current assets 642,467 1,134,699 - - - - Current assets 2,314,131 2,147,834 365,402 287,916 - 517,949 Non-current liabilities (3,537,717) (234,677) - - - - Current liabilities (2,138,093) (5,398,416) (2,181,804) (1,579,091) - (30,513) Net liabilities (2,719,212) (2,350,560) (1,816,402) (1,291,175) - 487,436 Interest in joint ventures 50% 50% 50% 50% 50% 50% Group’s share of net liabilities (1,359,606) (1,175,280) (908,201) (645,588) - - Carrying value of the Group’s interest in joint venture (1,359,606) (1,175,280) (908,201) (645,588) - - Summarised statements of comprehensive income profit or loss and other Revenue 2,853,602 3,820,738 - - - - Net loss for the financial year, representing total comprehensive loss for the financial year (380,710) (369,358) (525,228) (1,091,177) - (24,866) Unrecognised share of losses of joint ventures: The unrecognised share of losses of joint ventures (190,355) (184,679) (262,614) (545,589) - (12,433) Cumulative unrecognised share of losses of joint ventures 550,216 740,571 334,189 596,803 (124,463) (124,463) ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 144