EXCEL FORCE MSC BERHAD Annual Report 2021

104 EXCEL FORCE MSC BERHAD Notes to the Financial Statements (cont’d) 33. SEGMENT INFORMATION (CONT’D) Geographical information Geographical segment information for revenue are disclosed in Note 22. No disclosure on geographical segment information for non-current assets as the Group operates predominantly in Malaysia. Major customers The following are major customers with revenue equal to or more than 10% of the Group revenue: Revenue Segment 2021 2020 RM RM Company A 6,922,018 3,627,357 Application services provider and application solutions division Company B 5,017,296 3,462,464 Application services provider and application solutions division Company C 4,058,293 3,202,920 Application services provider and application solutions division Company D 3,804,480 6,186,407 Application services provider and application solutions division Company E - 3,321,234 Application services provider and application solutions division 34. FINANCIAL INSTRUMENTS (a) Classification of financial instruments Financial assets and financial liabilities are measured on an ongoing basis either at fair value or at amortised cost. The principal accounting policies in Note 3 describe how the classes of the financial instruments are measured, and how income and expense, including fair value gains and losses, are recognised. The following table analyses the financial assets and liabilities in the statements of financial position by the class of financial instruments to which they are assigned, and therefore by the measurement basis: At amortised cost At FVTPL At FVTOCI Total RM RM RM RM 2021 Group Financial Assets Other investments - - 17,801,700 17,801,700 Trade receivables 3,191,388 - - 3,191,388 Other receivables 21,391,999 - - 21,391,999 Deposits, cash and bank balances and short-term funds 21,916,005 10,440,367 - 32,356,372 46,499,392 10,440,367 17,801,700 74,741,459

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