DESTINI Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS DATSB IASB FDSPT 2018 2017 2018 2017 2018 2017 RM RM RM RM RM RM Summarised statements of financial position Non-current assets 897,517 1,136,315 173,509 6,777 - - Current assets 3,077,297 2,069,325 934,121 1,002 389,117 - Current liabilities (6,021,762) (5,154,790) (1,301,252) (174,635) (19,637) - Net liabilities (2,046,948) (1,949,150) (193,622) (166,856) 369,480 - Interest in joint ventures 50% 50% 50% 50% 50% - Group’s share of net (liabilities)/assets (1,023,474) (974,575) (96,811) (83,428) 184,740 - Carrying value of the Group’s interest in joint venture (1,023,474) (974,575) (96,811) (83,428) 184,740 - Summarised statements of comprehensive income profit or loss and other Revenue 2,963,758 684,424 - - - - Net loss for the financial year, representing total comprehensive loss for the financial year (97,391) (1,228,555) (1,026,751) (166,858) (224,060) - Unrecognised share of losses of joint ventures: The unrecognised share of losses of joint ventures (48,696) (614,278) (513,376) (83,427) - - Cumulative unrecognised share of losses of joint ventures 925,250 973,946 (596,803) (83,427) - - 7. Investment in Joint Ventures (Cont’d) Summarised financial information of the Group’s joint ventures is set out below. The summarised financial information represents the amounts in the MFRS financial statements of joint venture and not the Group’s share of those amounts. DESTINI BERHAD ANNUAL REPORT 2018 154