DESTINI Annual Report 2019

Group Company 2019 2018 2019 2018 Note RM RM RM RM (Restated) Assets Non-Current Assets Property, plant and equipment 4 88,509,075 108,087,938 24,493,910 27,407,948 Right-of-use assets 5 38,459,391 - 757,772 - Investment in subsidiaries 6 - - 99,022,212 99,722,218 Investment in associates 7 - - - - Investment in joint ventures 8 - 184,740 - - Investment in securities 9 430,134 1,136,660 430,134 1,136,660 Intangible assets 10 107,044,028 204,722,466 - - Land use rights 11 - 1,634,283 - - Other receivables 12 4,926,619 12,910,389 - 12,910,389 Other investment 13 320,000 320,000 150,000 150,000 239,689,247 328,996,476 124,854,028 141,327,215 Current Assets Inventories 14 13,494,399 11,662,958 - - Contract assets 15 17,513,244 49,775,224 - - Trade receivables 16 210,802,740 264,076,910 - - Other receivables 12 68,696,787 70,095,825 947,458 5,157,028 Amount due from subsidiaries 17 - - 266,792,869 283,981,456 Amount due from joint ventures 18 500,000 693,952 - - Amount due from a associate company 19 6,247,881 6,961,088 - - Tax recoverable 1,942,878 1,140,729 - - Fixed deposits with licensed banks 20 16,823,199 32,130,418 - - Cash and bank balances 21 9,658,432 28,018,043 126,815 2,105,872 345,679,560 464,555,147 267,867,142 291,244,356 Total Assets 585,368,807 793,551,623 392,721,170 432,571,571 AS AT 31 DECEMBER 2019 STATEMENTS OF FINANCIALPOSITION 06 FINANCIAL STATEMENTS DESTINI BERHAD 096