MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K) 228 NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 44. RELATED PARTY DISCLOSURES (CONT’D) (b) Significant Related Party Transactions and Balances Other than those disclosed elsewhere in the financial statements, the Group and the Company also carried out the following transactions with the related parties during the financial year:- The Group The Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Sales to: A subsidiary MECSB - - 960 720 EGSB - - 45,000 - Dividend income from a subsidiary EGSB - - - 300,000 GVSB - - 1,000 - Purchase from subsidiaries - - - 1 Management fees charged by a subsidiary: MYEGMS - - 3,509 2,005 Rental income from subsidiaries - - 4,683 3,390 Interest income from a subsidiary - - 7,180 12,218 Professional fees charged by a related party: Embunaz Ventures Sdn. Bhd.* 250 250 250 250 Transfer of assets from an associate MINT (Note 8) - 390 - 390 * a Company in which Dato’ Dr Norraesah Binti Haji Mohamad has a substantial financial interest. The significant outstanding balances of the related parties together with their terms are disclosed in the respective notes to the financial statements. 45. OPERATING SEGMENTS 45.1 BUSINESS SEGMENTS Segmental reporting is not presented as the Group is principally engaged in the development and implementation of the Electronic Government Services project and the provision of other upstream and downstream related services for the Electronic Government Services project, which is substantially within a single business segment and operates wholly in Malaysia. 45.2 INFORMATION ON GEOGRAPHICAL LOCATION OF CUSTOMERS Revenue is based on the countries in which the customers are located. Non-current assets are determined according to the country where these assets are located. The amounts of non-current assets do not include financial instruments. The non-current assets located at Indonesia amounted to approximately RM12 million as at the financial year end (2020 - RM15.6 million).
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