NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 5. INVESTMENT IN SUBSIDIARIES (CONT’D) (iv) The summarised financial information (before intra-group elimination) for each subsidiary that has non-controlling interests that are material to the Group is as follows:- MATRIX EDUCARE SDN. BHD. 2023 RM’000 2022 RM’000 At 31 March Non-current assets 5,229 6,438 Current assets 2,132 1,720 Non-current liabilities (16,695) (12,198) Current liabilities (9,246) (8,560) Net liabilities (18,580) (12,600) Financial Year Ended 31 March Revenue 12,908 11,565 Loss for the financial year/Total comprehensive expense (5,981) (5,619) Total comprehensive expense attributable to non-controlling interests (2,931) (2,753) Net cash flows for operating activities (4,129) (4,021) Net cash flows (for)/from investing activities (19) 40 Net cash flows from financial activities 4,020 3,746 MATRIX MEDICARE SDN. BHD. 2023 RM’000 2022 RM’000 At 31 March Non-current assets 36,331 38,734 Current assets 1,368 1,296 Non-current liabilities (60,349) (56,085) Current liabilities (30) (1,717) Net liabilities (22,680) (17,772) Financial Year Ended 31 March Loss for the financial year/Total comprehensive expense (4,908) (1,525) Total comprehensive expense attributable to non-controlling interests (1,472) (458) Net cash flows for operating activities (531) (3,332) Net cash flows from financial activities 650 3,411 INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 178 FINANCIAL STATEMENTS
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