My EG Services Berhad Annual Report 2021

MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K) 190 NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 7. INVESTMENTS IN JOINT VENTURES (CONT’D) (c) The summarised unaudited financial information for the joint venture of the Group is as follows:- MYEG PHILIPPINES 2021 2020 RM’000 RM’000 Non-current assets 2,255 2,044 Current assets 6,655 6,032 Non-current liabilities (11,222) (7,444) Current liabilities (3,598) (4,917) Net liabilities (5,910) (4,285) Financial year ended 31 December Revenue 12,377 7,451 Loss during the financial year/Total comprehensive expenses (1,635) (1,673) Group’s share of losses for the financial year/Total comprehensive expenses (654) (669) Reconciliation of Net Liabilities to Carrying Amount Group’s share of net liabilities above (2,364) (1,714) Add: Deposits for future stock subscriptions in this joint venture 11,211 7,389 Carrying amount of the Group’s interest in this joint venture 8,847 5,675 (d) The summarised unaudited financial information for the joint venture that is immaterial to the Group is as follows:- MYEG (BD) Ltd. 2021 2020 RM’000 RM’000 Financial year ended 31 December Group’s share of losses for the financial year/Total comprehensive expenses (38) (30) Aggregate carrying amount of the Group’s interest in this joint venture 408 446

RkJQdWJsaXNoZXIy NDgzMzc=