Registration No. 200301030845 (633265-K) - 100 - 12. Other Investment 30.6.2024 31.12.2022 30.6.2024 31.12.2022 RM RM RM RM Golf club membership 320,000 320,000 150,000 150,000 Company Group This represents investment stated at cost in a local golf club and resort, which entitles the Group’s and the Company’s management and staff to utilise the facilities. 13. Inventories 30.6.2024 31.12.2022 RM RM At cost Spare parts and consumables 2,521,565 2,333,152 Raw materials 3,910,837 1,727,668 Work-in-progress 57,488,765 3,284,446 Finished goods 2,097,291 5,965,066 66,018,458 13,310,332 Recognised in profit or loss: Inventories recognised as cost of sales 31,247,079 13,131,057 Group The inventories are written off when it has lost its value and cannot be sold due to damage, theft, loss, or decline in market value. 14. Contract Assets/(Liabilities) 30.6.2024 31.12.2022 RM RM Current Contract assets Service contract 408,172 2,450,952 Contract liabilities Service contract 8,205,942 1,763,996 Group 177 DESTINI BERHAD ANNUAL REPORT 2024
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