15
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 CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020
GROUP
COMPANY
ACTIVITIES CASH FLOWS FROM OPERATING ACTIVITIES Surplus/(Deficit) before tax Adjustments for: Amortisation of intangible assets Bad debts written o : - Other receivables - Deposit - GST receivables Depreciation of property, plant and equipment Depreciation of right-of-use assets Dividend income Government grant recognised as income during the financial year Gain on disposal of property, plant and equipment Gain on disposal of other investments Interest income Interest expense on hire purchase liabilities Interest on lease liabilities Income distribution from short term fund Impairment losses on: - trade receivables - amounts owing by members - other receivables - amount owing by an associate - investment in an associate
2020 RM
2020 RM
2019 RM
2019 RM
NOTE
31,210,334
18,181,330
8,554,632
(2,341,835)
-
-
11,667
35,000
11,667
35,000
4
6,500,000 2,000
6,500,000
- -
- - -
- -
490,420
490,420
-
1,639,942 496,838 (1,360,655) -
1,646,743 403,930 (1,880,000)
1,505,921 85,661 (1,000,000) -
1,517,450 75,966 (1,000,000) -
3 8 17
(14,821,300) -
(17,016,000) -
(66,338,193)
(47,542,260)
14
(24,820) (420,000) (1,208,262) 367 84,407
(25,000)
- -
- -
- -
(2,543,010)
(2,037,763)
(719,393) 367 14,070
18 18 15 18 9 9 9 9 6 7 18
-
-
84,442 (200,901) 126,891 490,200 1,482,172 213,234 16,127,037 (736,000) - - -
13,148
-
-
-
25,000 386,723 5,931,683 - - -
126,891 490,200
- - - - - - - - -
- - - - - - -
Loss in fair value of other investments Trade and other payables written back Share of results in an associate Reversal of impairment losses on other receivables Operating deficit before working capital changes
-
(16,212) (348,687) (62,095)
- -
6 9
(18,805,582)
(18,305,153)
(6,580,523)
(12,959,375)
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