PRG Holdings Berhad Annual Report 2020

PRG HOLDINGS BERHAD 126 11. INVESTMENTS IN SUBSIDIARIES (continued) (g) Non-controlling interests in subsidiaries (continued) The summarised financial information before intra-group elimination of the subsidiaries that have NCI as at the end of each reporting period is as follows: Furniweb Premier Holdings Baycity 2020 Limited Sdn. Bhd. RM’000 RM’000 Assets and liabilities Non-current assets 50,614 1,611 Current assets 122,460 40,703 Non-current liabilities (24,449) (20,295) Current liabilities (52,975) (20,180) Net assets 95,650 1,839 Results Revenue 99,261 11,371 (Loss)/Profit for the financial year (32,212) 2,797 Total comprehensive (loss)/income (29,808) 2,797 Cash flows from operating activities 16,694 481 Cash flows (used in)/from investing activities (7,612) 552 Cash flows used in financing activities (3,785) (796) Net increase in cash and cash equivalents 5,297 237 Furniweb Premier Premier PRG Holdings De Muara Baycity Active 2019 Limited Sdn. Bhd. Sdn. Bhd. Sdn. Bhd. RM’000 RM’000 RM’000 RM’000 Assets and liabilities Non-current assets 86,702 3,295 266 - Current assets 117,196 251,446 35,320 306 Non-current liabilities (28,875) (56,918) (20,666) - Current liabilities (49,564) (193,052) (16,128) (411) Net assets/(liabilities) 125,459 4,771 (1,208) (105) Notes to the Financial Statements 31 December 2020 cont’d