My EG Services Berhad Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2022 (cont’d) 33. REVENUE Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Revenue from contracts with customers: Concessions based services 42,950 59,608 8,842 6,101 Commercial based services and products: - sales of goods 37,255 55,407 - - - services rendered 517,615 459,325 21,315 132,733 - concesssion related services 16,510 123,777 2,594 3,336 614,330 698,117 32,751 142,170 Revenue from financing receivables: Commercial based services 246 181 - - Interest income derived from financing receivables 20,568 17,193 - - Profit income derived from ijarah financing receivables 1,520 1,016 - - 22,334 18,390 - - Revenue from other sources: - rental income 13,003 5,230 6,619 6,159 - dividend income 1,440 140 125,000 1,000 14,443 5,370 131,619 7,159 651,107 721,877 164,370 149,329 Timing of revenue recognition: - At a point in time 605,554 685,769 32,751 142,170 - Over time 8,776 12,348 - - 614,330 698,117 32,751 142,170 34. LOSSES/(GAIN) ON IMPAIRMENT OF FINANCIAL ASSETS Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 (Reversal of)/Allowance for ECLs - financing receivables (423) 239 - trade receivables (14) 40 - - - other receivables (2) - - - (439) 279 - - 222

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