Notes to the Financial Statements Registration No. 200301030845 (633265-K) - 88 - 7. Investment in Associates (Cont’d) 2022 2021 2022 2021 RM RM RM RM Summarised statements of financial position Non-current assets - - 91,316 98,721 Current assets 539,170 539,170 256,158 561,686 Current liabilities (7,368,417) (7,360,812) (1,210,462) (1,210,462) Net liabilities (6,829,247) (6,821,642) (862,988) (550,055) Interest in associate 49% 49% 49% 49% Group's share of net assets /(liabilities) - - - - Carrying value of the Group's interest in associate - - - - Summarised statements of profit or loss and other comprehensive income Revenue - - 156,132 353,735 Net loss for the financial financial year (7,605) - (312,801) (62,678) Total comprehensive loss for the financial year (7,605) - (312,801) (62,678) EKSTB TFEMS The Group has not recognised accumulated losses related to EKSTB and TFEMS totaling RM3,538,068 (2021: RM3,534,342) and RM582,727 (2021: RM429,455) respectively, since the Group has no obligation in respect of their losses. There are no commitment nor contingent liabilities relating to the Group’s interest in the associates. 166 DESTINI BERHAD ANNUAL REPORT 2022
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