NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 83 - 6. Investment in Subsidiaries (Cont’d) (b) Acquisition of subsidiaries (Cont’d) During the financial year (Cont’d) (ii) Fair value of the identifiable assets acquired and liabilities recognised (provisional) (Cont’d): Goodwill Goodwill comprises the value of expected synergies arising from the acquisition and non-identifiable intangible assets which are not separately recognised. Non-identifiable intangible assets comprise a Customer-related intangible assets - Order backlog and Technology-related intangible assets. These intangible assets were subsumed in the amount determined for goodwill. None of the goodwill recognised is expected to be deductible for income tax purposes. Acquisition-related costs Acquisition-related costs have been expensed to profit or loss in the period incurred in accordance with IFRS 3. These costs primarily relate to professional and advisory fees associated with the transaction. (iii) Effects of acquisition on cash flows: Company 30.6.2025 RM Fair value of consideration transferred 894,219 Less: Non-cash consideration (893,934) Consideration paid in cash 285 Less: Cash and cash equivalents of a subsidiary acquired (1,805,193) Net cash inflows on acquisition (1,804,908) (iv) Effects of acquisition in statements of comprehensive income: From the date of acquisition, the subsidiary's contributed revenue and profit net of tax are as follows: Company 30.6.2025 RM Revenue 3,901,331 Profit for the financial year 385,390 DESTINI BERHAD ANNUAL REPORT 2025 166
RkJQdWJsaXNoZXIy NDgzMzc=