Wasco Berhad Integrated Annual Report 2025

259 SECTION 6 FINANCIAL STATEMENTS INTEGRATED ANNUAL REPORT 2025 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 8 INVESTMENT IN SUBSIDIARIES (CONTINUED) Non-controlling interests in subsidiaries (continued) The Group’s subsidiaries that have material non-controlling interests (“NCI”) are as follows (continued): Group Wasco Greenergy Berhad RM’000 Wasco Coatings Malaysia Sdn. Bhd. RM’000 Wasco Pipe Sabah Sdn. Bhd. RM’000 2025 Summarised financial information before intra-group elimination As at 31 December Non-current assets 116,327 174,606 53,914 Current assets 270,380 114,807 92,716 Non-current liabilities (37,284) (147,220) - Current liabilities (80,862) (25,107) (93,720) Net assets 268,561 117,086 52,910 Financial year ended 31 December Revenue 266,537 45,594 52,252 Net profit/(loss) 26,335 (14,859) (7,299) Cash flows from operating activities 25,402 3,438 27,108 Cash flows (used in)/from investing activities (793) 44,376 (5,454) Cash flows from/(used in) financing activities 64,397 (51,543) (40,396) Net changes in cash and cash equivalents 89,006 (3,729) (18,742) Dividend paid to NCI - 21,000 -

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