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FoR BetteR RetuRns Annual Report 2022 187

notes to the
financial statements
for the year ended 31 december 2022

11. INVESTMENT IN ASSOCIATES (CONTINUED)
the summary of the financial information in relation to the associates of KWest sdn. bhd. is as disclosed below.

Compass IP Sdn. Bhd.
2022 2021
RM’000 RM’000

Summarised Financial Information
non-current assets 287,449 280,877
current assets 135,268 17,588
non-current liabilities (206,580) (145,873)
current liabilities (83,315) (7,590)
Net Assets 132,822 145,002
Year Ended 31 December
(loss)/profit from continuing operations (12,180) 15,061
profit from discontinuing operations - -
Total Comprehensive (Loss)/Income (12,180) 15,061

Included In The Total Comprehensive (Loss)/Income Is:
revenue 176 109,444
Reconciliation Of Net Assets To

Carrying Amount As At 31 December
group’s share of net assets 26,564 29,000
Carrying Amount In The Statement Of Financial Position 26,564 29,000