Dagang NeXchange Berhad Annual Report 2019
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) DAGANG NeXCHANGE BERHAD 142 7. INVESTMENTS IN SUBSIDIARIES (CONTINUED) Summarised financial information before intra-group elimination DNeX Drilling Tech and Oilfield Services SealNet Sdn. Bhd. Sdn. Bhd. (formerly (formerly known as known as DNeX Forward Energy DNeX RFID DNeXPORT Oilfield Services Sdn. Bhd. and its Sdn. Bhd. Sdn. Bhd.) Sdn. Bhd.) subsidiaries 2019 2018 2019 2018 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 As at 31 December Non-current assets 3,341 3,789 1,393 217 12,664 15,599 - - Current assets 38,041 49,655 4,132 5,261 1,260 17,318 - - Non-current liabilities - - (89) - (455) - - - Current liabilities (36,585) (50,719) (1,768) (2,026) (11,029) (45,153) - - Net assets/(liabilities) 4,797 2,725 3,668 3,452 2,440 (12,236) - - Year ended 31 December Revenue 8,497 14,833 2,686 2,659 1,746 2,724 - - Profit/(Loss) for the year 2,072 405 215 3 (5,299) (3,665) - (584) Total comprehensive income/(loss) 2,072 405 215 3 (5,299) (3,665) - (584) Net cash flows generated from/(used in) operating activities 13,314 (7,772) 965 1,399 (880) (2,353) - (602) Net cash flows used in investing activities (419) (1,813) (1,348) (2,159) (21,303) (10,986) - (1) Net cash flows (used in)/ generated from financing activities (10,527) 9,573 682 1,070 22,618 13,115 - 603
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