200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 17. Investment in joint ventures (cont'd) (b) Summarised statements of comprehensive income of material joint venture Posh Atlantic Sdn. Bhd. ("PASB") 2021 2020 RM RM Revenue 1,099,660 1,475,700 Depreciation (6,627) (6,866) Other operating income 165,844 137,672 Finance costs (1,553,561) (1,483,700) Loss before tax from continuing operations (1,624,097) (1,397,164) Income tax expense (15,142) 43,623 Total comprehensive loss (1,639,239) (1,353,541) Attributable to: - owners of PASB (1,582,223) (1,322,480) - non-controlling interests (57,016) (31,061) (1,639,239) (1,353,541) (c) Posh Atlantic Sdn. Bhd. ("PASB") 2021 2020 RM RM Net assets attributable to owners of the Company at 1 January 27,839,215 29,161,695 Total comprehensive loss attributable to owners of Company (1,582,223) (1,322,480) Net assets attributable to owners of the Company at 31 December 26,256,992 27,839,215 Group's interest in PASB 51% 51% Group's share of net assets of PASB 13,391,066 14,198,000 Unrealised profit adjustments (305,249) (336,823) Carrying amount of individually immaterial joint ventures 4,000,750 3,752,139 Carrying amount of Group's interest in joint ventures 17,086,567 17,613,316 Group Group Reconciliation of the summarised financial information presented above to the carrying amount of the Group's interest in joint ventures - 72 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 Annual Repor t 2021 132
RkJQdWJsaXNoZXIy NDgzMzc=