My EG Services Berhad Annual Report 2019

ANNUAL REPORT 2019 141 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) FINANCIAL STATEMENTS 8. INVESTMENTS IN JOINT VENTURES (CONT’D) (c) The summarised unaudited financial information for the joint venture of the Group is as follows:- MYEG PHILIPPINES 31.12.2019 30.9.2018 RM’000 RM’000 Non-current assets 584 574 Current assets 3,797 2,523 Non-current liabilities (5,220) (1,467) Current liabilities (1,708) (812) Net (liabilities)/assets (2,547) 818 15-month Period Ended 31 December/14-month Period Ended 30 September Revenue 11,812 7,043 Loss during the financial period/Total comprehensive expenses (3,399) (1,799) Group’s share of losses for the financial period/Total comprehensive expense (1,360) (720) Reconciliation of Net (Liabilities)/Assets to Carrying Amount Group’s share of net (liabilities)/assets above (1,019) 327 Add: Deposits for future stock subscriptions in this joint venture 5,299 1,679 Carrying amount of the Group’s interest in this joint venture 4,280 2,006 (d) The summarised unaudited financial information for the joint venture that is immaterial to the Group is as follows:- MYEG (BD) Ltd. 31.12.2019 RM’000 Financial year ended 31 December Group’s share of losses for the financial period/Total comprehensive expense (38) Aggregate carrying amount of the Group’s interest in this joint venture 476