PRG Holdings Berhad Annual Report 2020

PRG HOLDINGS BERHAD 72 Group Company Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Continuing operations Revenue 31 196,397 132,045 - - Cost of sales (159,713) (97,591) - - Gross profit 36,684 34,454 - - Other income 3,120 3,449 1,387 13,174 Distribution costs (7,994) (12,185) - - Administrative expenses (74,932) (86,555) (22,136) (15,555) Other expenses (1,241) (1,456) (466) (721) Interest income 15,322 479 3,371 2,672 Finance costs (3,377) (3,472) (468) (1,602) Share of losses of associates, net of tax 12 (345) (1,778) - - Share of profit of joint ventures, net of tax 13 335 245 - - Loss before tax from continuing operations 32 (32,428) (66,819) (18,312) (2,032) Taxation 33 (837) (2,120) 1 - Loss for the financial year from continuing operations (33,265) (68,939) (18,311) (2,032) Discontinued operations Profit/(Loss) for the financial year from discontinued operations, net of tax 28 5,710 (4,508) - - Loss for the financial year (27,555) (73,447) (18,311) (2,032) Other comprehensive income/(loss), net of tax Continuing operations Items that may be reclassified subsequently to profit or loss: Foreign currency translations 1,030 (2,059) - - Realisation of reserves from disposal of a subsidiary 1,393 - - - Share of other comprehensive gain/ (loss) of associates 12 11 (49) - - Share of other comprehensive loss of a joint venture 13 (31) (21) - - 2,403 (2,129) - - Items that will not be reclassified subsequently to profit or loss: Fair value loss on equity investments at fair value through other comprehensive income 14 (2,422) (21,875) (2,422) (21,875) Statements of Profit or Loss and Other Comprehensive Income For the financial year ended 31 December 2020