NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 114 - 27. Revenue (Cont’d) Maintenance, repair, overhaul Marine Group and training construction Total 2020 RM RM RM Major goods and services: Sale of goods 19,368,237 - 19,368,237 Rendering of services 76,491,392 1,663,818 78,155,210 Contract revenue 54,087,492 38,514,636 92,602,128 Total revenue from contracts with customers 149,947,121 40,178,454 190,125,575 Geographical market: Malaysia 105,994,756 40,178,454 146,173,210 Singapore 43,952,365 - 43,952,365 Total revenue from contracts with customers 149,947,121 40,178,454 190,125,575 Timing of revenue recognition: At a point in time 59,728,880 1,663,818 61,392,698 Over time 90,218,241 38,514,636 128,732,877 149,947,121 40,178,454 190,125,575 28. Finance Costs 2021 2020 2021 2020 RM RM RM RM Interest expenses on: Bank overdrafts 53,088 201,590 - - Invoice financing 260,806 286,324 - - Lease liabilities 778,760 927,751 - - Term loans 3,455,846 10,324,982 915,648 632,872 Others 719,032 10,416 - - 5,267,532 11,751,063 915,648 632,872 Group Company 191 ANNUAL REPORT 2021 • DESTINI BERHAD
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