DESTINI Annual Report 2020

Group Company 2020 2019 2020 2019 Note RM RM RM RM Revenue 28 190,125,575 297,736,809 - 2,825,000 Cost of sales (186,048,386) (280,845,391) - - Gross profit 4,077,189 16,891,418 - 2,825,000 Other income 9,302,491 4,553,685 1,120,198 692,492 Administrative expenses (110,298,770) (97,391,270) (12,532,263) (14,347,353) Net impairment losses on receivables (12,144,489) (58,174,680) - (16,968,990) Net impairment losses on intangible assets, property, plant and equipment and other assets (72,146,812) (93,690,627) - (700,006) Finance costs 29 (11,751,063) (23,247,966) (632,872) (448,075) Share of results of associate and joint ventures - (184,740) - - Loss before tax 30 (192,961,454) (251,244,180) (12,044,937) (28,946,932) Taxation 31 2,776,618 1,708,858 - (539,891) Loss for the financial year (190,184,836) (249,535,322) (12,044,937) (29,486,823) Other comprehensive loss: Items that are or may be reclassified subsequently to profit or loss Exchange translation differences for foreign operations (408,197) (6,792,502) - - Other comprehensive loss for the financial year (408,197) (6,792,502) - - Total comprehensive (loss)/income for the financial year (190,593,033) (256,327,824) (12,044,937) (29,486,823) (Loss)/Profit for the financial year attributable to: Owners of the parent (190,641,882) (247,822,866) (12,044,937) (29,486,823) Non-controlling interests 457,046 (1,712,456) - - (190,184,836) (249,535,322) (12,044,937) (29,486,823) Total comprehensive (loss)/income for the financial year attributable to: Owners of the parent (190,984,355) (254,632,342) (12,044,937) (29,486,823) Non-controlling interests 391,322 (1,695,482) - - (190,593,033) (256,327,824) (12,044,937) (29,486,823) Loss per share Basic loss per share (sen) 32 (14.62) (21.45) Diluted loss per share (sen) 32 (14.62) (21.45) The accompanying notes form an integral part of the financial statements. Statements of Profit or Loss and Other Comprehensive Income For the Financial Year Ended 31 December 2020 ANNUAL REPORT 2020 DESTINI BERHAD 92