221 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʧ (cont’d) 9. INVESTMENT IN JOINT VENTURES (CONT’D) (b) The summarised unaudited financial information for the material joint venture of the Group is as follows: MYEG Philippines 2024 2023 RM’000 RM’000 Financial position Non-current assets 1,988 2,131 Current assets 22,964 18,487 Non-current liabilities (80) (86) Current liabilities (16,863) (13,931) Net assets 8,009 6,601 Financial performance Revenue 31,655 24,417 Profit/Total comprehensive income during the financial year 1,408 888 Group’s share of profits/Total comprehensive income for the financial year 690 435 (c) The summarised financial information has not been presented for MYEG (BD) Ltd. as it is not material to the Group. (d) Material accounting policy information Investment in joint ventures are measured in the Group’s and the Company’s statement of financial position at cost less any impairment losses. 10. GOODWILL ON CONSOLIDATION Group 2024 2023 RM’000 RM’000 Cost At 1 January 20,097 20,097 Accumulated impairment losses (95) (95) At 31 December 20,002 20,002
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