Kimlun Corporation Berhad Annual Report 2022

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 4. Revenue (cont'd) (b) Contract assets that are impaired (cont'd) Movement in allowance accounts: 2022 2021 RM RM At 1 January - - Charge for the year (Note 7) 25,581,137 - At 31 December 25,581,137 - Remaining performance obligations 2022 2021 RM RM 1,026,601,044 1,083,073,000 569,534,479 711,077,039 1,596,135,523 1,794,150,039 (c) Other revenue 2022 2021 2022 2021 RM RM RM RM Dividend income from subsidiaries - - 5,000,000 13,520,000 Interest income from subsidiaries - - 4,654,715 1,457,807 Interest income from licensed banks 18,802 8,428 18,802 8,428 18,802 8,428 9,673,517 14,986,235 The remaining performance obligations (unsatisfied or partially unsatisfied) as at 31 December 2022 and 2021 are, as follows: Group Within one year More than one year Group Company Group Contract assets and contract liabilities (cont'd) - 55 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 Annual Report 2022 120

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