DESTINI AR 2017

6. Investment in Associates (Cont’d) EKSTB TFEMS 2017 2016 2017 2016 RM RM RM RM Summarised statements of financial position Non-current assets - - 41,628 25,407 Current assets 577,390 640,005 329,359 423,310 Current liabilities (7,357,514) (7,333,129) (687,965) (472,468) Net liabilities (6,780,124) (6,693,124) (316,978) (23,751) Interest in associate 49% 49% 49% 49% Group's share of net assets/(liabilities) - - - - Carrying value of the Group's interest in associate - - - - Summarised statements of profit or loss and other comprehensive income Revenue - - 27,539 19,244 Net loss for the financial financial year (788,124) (629,518) (313,999) (149,026) Total comprehensive loss for the financial year (788,124) (629,518) (313,999) (149,026) The Group has not recognised losses related to EKSTB and TFEMS totaling RM3,513,998 (2016: RM3,127,817) and RM264,278 (2016: RM110,418) respectively, since the Group has no obligation in respect of their losses. There are no commitment nor contingent liabilities relating to the Group’s interest in the associates. 7. Investment in Joint Venture Group 2017 2016 RM RM In Malaysia: At Cost Unquoted shares 500,001 500,000 Less: Share of post acquisition reserve (500,001) (500,000) - - 132 DESTINI BERHAD Financial Statements Notes to the 31 December 2017