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MIGHT Directors’ Report And Audited Financial Statements 2020
MALAYSIAN INDUSTRY - GOVERNMENT GROUP FOR HIGH TECHNOLOGY (320059 - P) (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) (INCORPORATED IN MALAYSIA)
STATEMENTS OF FINANCIAL POSITION AS AT 31 DECEMBER 2020
GROUP
COMPANY
NOTE
2020 RM
2020 RM
2019 RM
2019 RM
ASSETS NON-CURRENT ASSETS Property, plant and equipment Intangible assets Investments in subsidiaries
6,623,481 11,667
3 4
5,582,835 -
7,069,756 11,667
5,172,593 -
-
-
1,000,000
1,000,000
5
-
Investment in an associate
6 7
-
-
-
-
Other investments
92,655,449
73,382,486
-
284,515
Right-of-use assets
8
1,546,170 1,924,336
259,274
7,919,663
99,784,454
82,388,245
6,431,867
CURRENT ASSETS Trade and other receivables Current tax assets Cash and bank balances
9
1,726,217 -
2,657,013 4,222
1,137,431 -
2,000,604 -
10 11
70,919,154
86,666,011
58,294,249
69,133,593
Short term fund
-
22,221,930
-
-
94,867,301 89,327,246
59,431,680 71,134,197
total assets
194,651,755
171,715,491
65,863,547
79,053,860
MEMBERS’ FUND AND LIABILITIES
MEMBERS’ FUND ATTRIBUTABLE TO THE MEMBERS Members’ contribution trust funds
2,420,000 27,000,000
2,420,000 27,000,000
2,420,000 27,000,000
2,420,000 27,000,000
12 13
Capital contribution
Accumulated operating surplus/(deficit)
87,391,858
56,302,780
(13,181,562)
(21,736,194)
116,811,858 116,811,858
85,722,780 85,722,780
16,238,438 16,238,438
7,683,806 7,683,806
TOTAL MEMBERS’ FUND
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