ENRA Group Berhad Annual Report 2019

125 ENRA GROUP BERHAD ∞ Annual Report 2019 page Notes to the Financial Statement 31 March 2019 33. DISCONTINUED OPERATIONS (cont’d) (b) An analysis of the results of the discontinued operations are as follows: Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Revenue 2,263 9,523 2,274 9,622 Cost of sales (941) (3,621) (941) (3,621) Gross profit 1,322 5,902 1,333 6,001 Other income 17 56 17 56 Expenses (1,425) (141) (1,425) (132) Finance costs (393) (2,527) (393) (2,527) (Loss)/Profit before tax (479) 3,290 (468) 3,398 Taxation - (71) - (71) (Loss)/Profit for the financial year (479) 3,219 (468) 3,327 (c) The following amounts have been included in arriving at (loss)/profit before tax of the discontinued operations: Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 (Loss)/Profit before tax is arrived at after charging: Auditors’ remuneration - 3 - - Interest expenses 393 2,527 393 2,527 And crediting: Interest income received from: - fixed deposits with licensed banks 14 50 14 50 (d) The cash flows attributable to the discontinued operations are as follows: Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 (Outflow)/Inflow Operating activities (1,229) 5,801 (1,229) 5,909 Investing activities 85,170 50 85,170 50 Financing activities (393) (2,527) (393) (2,527) (e) Disposal group held for sale and discontinued operations A component of the Group is classified as a discontinued operation when the criteria to be classified as held for sale have been met or it has been disposed of and such a component represents a separate major line of business or geographical area of operations, is part of a single co-ordinated plan to dispose of a separate major line of business or geographical area of operations or is a subsidiary acquired exclusively with a view to resale. When an operation is classified as discontinued operation, the comparative statement of profit or loss and other comprehensive income is re-presented as if the operation had been discontinued from the beginning of the comparative period.