ANNUAL REPORT 2021 187 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 6. INVESTMENTS IN ASSOCIATES (CONT’D) (b) The summarised financial information of the associate that is material to the Group is as follows:- MINT Audited Audited 2021 2020 RM’000 RM’000 Non-current assets - 100 Current assets 889 907 Non-current liabilities - - Current liabilities (142,229) (142,041) Net liabilities (141,340) (141,034) Financial year ended 31 December Revenue - - Loss during the financial year/Total comprehensive expenses (306) (278) Group’s share of losses for the financial year/Total comprehensive expenses - - Reconciliation of Net Liabilities to Carrying Amount Group’s share of net liabilities (56,536) (56,414) Share of losses recognised 400 400 Share of losses in excess of the interest in the associate not recognised 56,136 56,014 Carrying amount of the Group’s interest in this associate - - The Group has not recognised losses relating to MINT, where its share of losses exceeded the Group’s interest in this associate. The Group’s cumulative share of unrecognised losses at the end of the reporting period was RM56.1 million (2020 - RM56.0 million), of which approximately RM122,000 relates to the share of the current financial year’s losses. The Group has no obligations in respect of these losses.
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