183 ANNUAL REPORT 2023 MST GOLF GROUP BERHAD Registration No: 199301009307 (264044-M) 45 6. INVESTMENT IN SUBSIDIARIES (CONT’D) Material non-controlling interests (cont’d) Summarised financial information of their subsidiaries which have non-controlling interests that are material to the Group is set out below. The summarised financial information presented below is the amount before inter-company elimination. PT MST Golf Indonesia and its subsidiary 2023 RM’000 (i) Summarised statements of financial position Non-current assets 8,521 Current assets 37,114 Non-current liabilities (2,362) Current liabilities (5,643) Total equity 37,630 (ii) Summarised statements of profit or loss Revenue 153 Loss for the financial year (524) Other comprehensive income - Total comprehensive income (524) (iii) Summarised statements of cash flows Net cash flows used in operating activities (11,036) Net cash flows used in investing activities (7,496) Net cash flows from financing activities 39,590 Net cash inflow 21,058
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