MIGHT Financial Report 2020

14

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 CHANGES IN MEMBERS’ FUNDS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

TOTAL MEMBERS’ FUNDS

MEMBERS’ CONTRIBUTION

CAPITAL CONTRIBUTION

ACCUMULATED OPERATING SURPLUS/(DEFICIT)

RM

RM

RM

RM

GROUP

67,656,355 18,066,425 - 18,066,425 85,722,780 31,089,078 - 31,089,078 116,811,858 10,025,641 (2,341,835) - (2,341,835) 7,683,806 8,554,632 - 8,554,632 16,238,438

38,236,355 18,066,425 - 18,066,425 56,302,780 31,089,078 - 31,089,078 87,391,858 (19,394,359) (2,341,835) - (2,341,835) (21,736,194) 8,554,632 - 8,554,632 (13,181,562)

27,000,000 - - - 27,000,000 - - - 27,000,000 27,000,000 - - - 27,000,000 - - - 27,000,000

2,420,000 - - - 2,420,000 - - - 2,420,000 2,420,000 - - - 2,420,000 - - - 2,420,000

Balance as at 1 January 2019 Net surplus for the financial year Other comprehensive income, net of tax Total comprehensive income Balance as at 31 December 2019 Net surplus for the financial year Other comprehensive income, net of tax Total comprehensive income Balance as at 31 December 2020 Company Balance as at 1 January 2019 Net deficit for the financial year Other comprehensive income, net of tax Total comprehensive loss Balance as at 31 December 2019 Net surplus for the financial year Other comprehensive income, net of tax Total comprehensive income Balance as at 31 December 2020

The accompanying notes form an integral part of the financial statements.

Made with FlippingBook Ebook Creator