Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2022 126 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 13. INVESTMENTS IN SUBSIDIARIES (CONT’D) The non-controlling interests at the end of the reporting period comprise the following: Effective Equity Interest The Group 2022 2021 2022 2021 % % RM RM AGTC 7.5 8.21 32,613,529 28,855,805 TTES 55 55 7,245,391 5,744,210 Other individually immaterial subsidiaries (404,902) (374,735) 39,454,018 34,225,280 The summarised financial information (before intra-group elimination) for each subsidiary that has non-controlling interests that are material to the Group is as follows: AGTC 2022 2021 RM RM At 31 December Non-current assets 215,658,500 175,067,725 Current assets 367,978,699 321,144,060 Non-current liabilities (20,400,444) (13,224,399) Current liabilities (128,389,695) (131,515,947) Net assets 434,847,060 351,471,439 Financial Year Ended 31 December Revenue 347,966,356 311,010,190 Profit for the financial year 116,987,977 93,424,504 Total comprehensive income 100,174,854 108,022,953 Total comprehensive income attributable to non-controlling interests 7,513,114 9,452,008 Dividends paid to non-controlling interests (1,259,942) (1,080,505) Net cash from operating activities 126,583,676 108,975,979 Net cash for investing activities (52,467,393) (75,175,116) Net cash for financing activities (17,917,981) (13,144,616)
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