Zetrix AI Berhad Annual Report 2025

Group Company 2025 2024 2025 2024 Note RM’000 RM’000 RM’000 RM’000 Cash flows from operating activities Profit before tax 868,576 719,234 225,586 227,027 Adjustments for: Amortisation of development costs 40,162 20,273 10,200 10,200 Allowance for expected credit losses on: - financing receivables 485 404 - - - trade receivables 121 1 - - Bad debts written off - 728 - - Deposit received forfeited (61) (43) - - Depreciation of property, plant and equipment 33,858 27,536 9,309 9,377 Depreciation of investment properties 1,479 1,784 3,525 3,528 Depreciation of right-of-use assets 8,318 6,987 483 424 Dividend income from a subsidiary - - (350,000) (325,000) Dividend income from other investments (240) (1,180) - - Fair value loss/(gain) on digital assets 16 (43) - - Property, plant and equipment written off 119 163 - - Fair value loss/(gain) on other investments D 18,714 (15,602) - - Gain on disposal of a subsidiary 7(f) - (17,650) - - Gain on disposal of property, plant and equipment (166) (18) - - Gain on derecognition of an associate (3) - - - Gain on modification of lease contract (13) - - - Gain on early termination of lease contract (8) - - - Reversal of allowance for expected credit losses on: - trade receivables (1) (15) - - - financing receivables (204) (127) - - Inventories written down 34 1 - - Reversal of inventories written down (14) (45) - - Share of result of associates - 2 - - Share of result of joint ventures (1,162) (690) - - Unrealised loss/(gain) on foreign exchange 33 (14) 4 (1) Interest expenses 83,211 66,858 77,966 61,411 Interest income (552) (1,567) (5,408) (7,594) Operating profit/(loss) before working capital changes carried forward 1,052,702 806,977 (28,335) (20,628) STATEMENTS OF CASH FLOWS For the Financial Year Ended 31 December 2025 206

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