Notes to the Financial Statements Registration No. 200301030845 (633265-K) - 90 - 8. Investment in Joint Ventures (Cont’d) Summarised financial information of the Group’s joint ventures is set out below. The summarised financial information represents the amounts in the financial statements of joint ventures and not the Group’s share of those amounts. 2022 2021 2022 2021 RM RM RM RM Summarised statements of financial position Non-current assets - 364,078 - - Current assets - 2,320,838 406,559 150,659 Non-current liabilities - (44,927) - - Current liabilities - (4,312,035) (2,725,527) (2,478,047) Net liabilities - (1,672,046) (2,318,968) (2,327,388) Interest in joint ventures 0% 50% 50% 50% Group's share of net liabilities - (836,023) (1,159,484) (1,163,694) Carrying value of the Group's interest in joint ventures - (836,023) (1,159,484) (1,163,694) Summarised statements of comprehensive income profit or loss and other Revenue - 5,102,004 - - Net profit/(loss) for the financial year, representing total comprehensive income/(loss) for the financial year - 1,069,366 8,420 (510,702) Unrecognised share of profit/(losses) of joint ventures: The unrecognised share of profit/(losses) of joint ventures - 534,683 4,210 (255,351) Cumulative unrecognised share of losses of joint ventures - 550,216 338,399 334,189 DATSB IASB 168 DESTINI BERHAD ANNUAL REPORT 2022
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