Kimlun Corporation Berhad Annual Report 2020

200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 4. Revenue (cont'd) (c) Other revenue 2020 2019 2020 2019 RM RM RM RM Dividend income from subsidiaries - - 17,342,000 23,940,000 Interest income from subsidiaries - - 616,320 1,206,408 Interest income from fixed deposits 8,029 33,254 8,029 33,254 8,029 33,254 17,966,349 25,179,662 5. Other operating income 2020 2019 RM RM Interest income from: - financial assets at amortised cost 958,180 1,457,740 - unwinding of discount on receivables 2,486,517 2,827,991 3,444,697 4,285,731 Gain on disposal of property, plant and equipment 1,723,607 310,801 Classified under cost of sales (1,453,317) - Gain on disposal of property, plant and equipment classified under other operating income 270,290 310,801 Rental income from machinery 36,250 70,081 Rental income from premises 259,183 299,617 Gain on disposal of investment properties 109,704 - Gain on derecognition of right-of-use assets 93,115 60,880 Miscellaneous income 2,689,387 2,525,748 Reversal of allowance for impairment on trade receivables 821,305 209,039 Bad debts recovered 238,018 - 7,961,949 7,761,897 Group Company Group - 56 - 113 Kimlun Corporation Berhad Registration No. 200901023978 (867077-X) NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020