DESTINI Annual Report 2019
NOTES TO THE FINANCIAL STATEMENTS 6. Investment in Subsidiaries (Cont’d) (a) Material partly-owned subsidiaries (Cont’d) Summarised financial information for the subsidiaries that have non-controlling interest that are material to the group is set out below. The summarised financial information below represents amounts before inter-company eliminations. THHE Destini Sdn. Bhd. TF Corp Saudi Arabia Co. Ltd. Destini Marine Safety Solutions Ltd 2019 2018 2019 2018 2019 2018 RM RM RM RM RM RM Summarised statements of financial position Non-current assets 39,249 44,259 358,636 416,134 177,373 368,626 Current assets 659,418 663,343 898,876 1,772,109 2,272,329 1,739,317 Non-current liabilities - - - - (2,026,352) (1,706,628) Current liabilities (461,155) (81,898) (1,016,229) (1,581,586) (4,451,321) (3,421,559) Net assets/(liabilities) 237,512 625,704 241,283 606,657 (4,027,971) (3,020,244) Summarised statements of profit or loss and other comprehensive income Revenue 86,441,250 138,306,000 - 204,308 6,896,991 4,880,237 Net (loss)/profit for the financial year (388,192) (17,889) (363,779) (432,396) (1,095,637) (1,471,119) Total comprehensive (loss)/income for the financial year (388,192) (17,889) (367,092) (432,396) (1,028,323) (1,471,119) FINANCIAL STATEMENTS 06 ANNUAL REPORT 2019 145
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