200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 16. Investment in joint ventures (cont'd) Summarised financial information on the significant joint venture is as follows: (a) Summarised statements of financial position of material joint venture Posh Atlantic Sdn. Bhd. ("PASB") 2023 2022 RM RM Non-current assets 3,384,757 218,510 Current assets 127,294,003 114,513,615 Total assets 130,678,760 114,732,125 Current liabilities 46,469,291 16,765,286 Non-current liabilities 62,932,750 72,061,870 Total liabilities 109,402,041 88,827,156 Equity attributable to owners of PASB 22,056,903 26,331,597 Non-controlling interests (780,184) (426,628) 21,276,719 25,904,969 (b) Summarised statements of comprehensive income of material joint venture Posh Atlantic Sdn. Bhd. ("PASB") 2023 2022 RM RM Revenue 245,000 380,000 Depreciation (18,140) (6,489) Other operating income 15,561 2,669,870 Finance costs (3,319,229) (2,320,930) Loss before tax from continuing operations (4,450,679) (83,150) Income tax expense (177,571) (161,774) Total comprehensive loss (4,628,250) (244,924) Attributable to: - owners of PASB (4,274,694) 74,605 - non-controlling interests (353,556) (319,529) (4,628,250) (244,924) Group Group - 54 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 Kimlun Corporation Berhad 124
RkJQdWJsaXNoZXIy NDgzMzc=