DESTINI Annual Report 2022

Notes to the Financial Statements Registration No. 200301030845 (633265-K) - 82 - 6. Investment in Subsidiaries (Cont’d) (a) Material partly-owned subsidiaries (Cont’d) Summarised financial information for the subsidiaries that have non-controlling interest that are material to the group is set out below. The summarised financial information below represents amounts before inter-company eliminations: (Cont’d) 2022 2021 2022 2021 2022 2021 RM RM RM RM RM RM Summarised statements of cash flows Net cash from/(used in) operating activities 63,706,890 12,182,303 291,816 (205,096) 11,289 345,226 Net cash used in investing activities - - (37,554) - - - Net cash (used in)/from financing activities (80,196,608) - (254,262) 205,096 - - Net (decrease)/increase in cash and cash equivalents (16,489,718) 12,182,303 - - 11,289 345,226 Halaman Optima TF Corp Saudi Destini Marine Sdn. Bhd. Arabia Co. Ltd. Safety Solutions Ltd 160 DESTINI BERHAD ANNUAL REPORT 2022

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