DESTINI Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS 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 cash flows Net cash from/(used in) operating activities (269,530) (23,938) (367,092) (432,396) (322,165) (1,166,687) Net cash used in investing activities (331,130) - - - 70,896 (275,303) Net cash from/(used in) financing activities 268,786 (10,785) - - - - Net decrease in cash and cash equivalents (331,874) (34,723) (367,092) (432,396) (251,269) (1,441,990) 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. 06 FINANCIAL STATEMENTS DESTINI BERHAD 146