NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 93 - 7. Investment in Joint Ventures (Cont’d) Summarised financial information of the Group’s joint ventures is set out below. The summarised financial information represents the amounts in the financial statements of joint ventures and not the Group’s share of those amounts. 30.6.2024 31.12.2022 RM RM Summarised statements of financial position Current assets 399,699 406,559 Current liabilities (2,739,233) (2,725,527) Net liabilities (2,339,534) (2,318,968) Interest in joint ventures 50% 50% Group's share of net liabilities (1,169,767) (1,159,484) Carrying value of the Group's interest in joint ventures (1,169,767) (1,159,484) Summarised statements of comprehensive income profit or loss and other Net (loss)/profit for the financial period, representing total comprehensive (loss)/profit for the financial period (20,066) 8,420 Unrecognised share of (losses)/profit of joint ventures: The unrecognised share of (losses)/profit of joint ventures (10,033) 4,210 Cumulative unrecognised share of losses of joint ventures 348,432 338,399 IASB 170 DESTINI BERHAD ANNUAL REPORT 2024
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