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: 2023 2022 RM RM At 1 January 25,581,137 - Charge for the year (Note 6) - 25,581,137 At 31 December 25,581,137 25,581,137 Remaining performance obligations 2023 2022 RM RM 1,397,630,700 1,026,601,044 793,450,674 569,534,479 2,191,081,374 1,596,135,523 (c) Other revenue 2023 2022 2023 2022 RM RM RM RM Dividend income from subsidiaries - - 4,000,000 5,000,000 Interest income from subsidiaries - - 4,893,149 4,654,715 Interest income from licensed banks 14,264 18,802 14,264 18,802 14,264 18,802 8,907,413 9,673,517 Contract assets and contract liabilities (cont'd) More than one year Group Company Group The remaining performance obligations (unsatisfied or partially unsatisfied) as at 31 December 2023 and 2022 are, as follows: Group Within one year - 37 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 107 Annual Report 2023
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