DESTINI Annual Report 2024

NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 83 - 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: (Cont’d) 30.6.2024 31.12.2022 30.6.2024 31.12.2022 30.6.2024 31.12.2022 30.6.2024 31.12.2022 RM RM RM RM RM RM RM RM Summarised statements of cash flows Net cash from/(used in) operating activities (59,127,363) (978,014) 581,660 63,706,890 - 291,816 (43,808) 11,289 Net cash used in investing activities (3,835,620) - - - - (37,554) - - Net cash (used in)/from financing activities 64,997,423 - (570,755) (80,196,608) - (254,262) - - Net (decrease)/increase in cash and cash equivalents 2,034,440 (978,014) 10,905 (16,489,718) - - (43,808) 11,289 M Rail Technics Halaman Optima TF Corp Saudi Destini Marine Sdn. Bhd. Sdn. Bhd. Arabia Co. Ltd. Safety Solutions Ltd 160 DESTINI BERHAD ANNUAL REPORT 2024

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