Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2023 120 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 13. INVESTMENTS IN SUBSIDIARIES (CONT’D) 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 2023 2022 RM RM At 31 December Non-current assets 219,340,273 215,658,500 Current assets 441,828,534 367,978,699 Non-current liabilities (20,963,219) (20,400,444) Current liabilities (126,464,214) (128,389,695) Net assets 513,741,374 434,847,060 Financial Year Ended 31 December Revenue 327,943,403 347,966,356 Profit for the financial year 108,228,324 116,987,977 Total comprehensive income 127,517,171 100,174,854 Total comprehensive income attributable to non-controlling interests 9,544,018 7,513,114 Dividends paid to non-controlling interests (3,632,127) (1,259,942) Net cash from operating activities 119,117,689 126,583,676 Net cash for investing activities (9,421,671) (52,467,393) Net cash for financing activities (48,417,965) (17,917,981) TTES 2023 2022 RM RM At 31 December Non-current assets 5,670,790 5,174,835 Current assets 26,320,667 24,208,100 Non-current liabilities (775,401) (598,656) Current liabilities (15,317,281) (15,611,046) Net assets 15,898,775 13,173,233 Financial Year Ended 31 December Revenue 61,627,710 59,379,479 Profit for the financial year 7,725,542 5,729,421 Total comprehensive income 7,725,542 5,729,421 Total comprehensive income attributable to non-controlling interests 4,249,048 3,151,181 Dividends paid to non-controlling interests (2,750,000) (1,650,000) Net cash from operating activities 10,332,089 2,643,926 Net cash for investing activities (904,537) (1,048,543) Net cash for financing activities (4,533,986) (2,035,888)
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