FINANCIAL STATEMENTS
ANNUAL REPORT 2021
VOLUME 2
FINANCIAL STATEMENTS
WHAT'S INSIDE
1
Directors' Report
8
Statutory Declaration
15
Statements of
Financial Position
19
Consolidated Statement of Changes in Equity
21
Statements of Cash Flows
8
Statement by Directors
9
Independent Auditors' Report
17
Statements of Profit or Loss and Other Comprehensive Income
20
Statement of
Changes in Equity
26
Notes to the
Financial Statements
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MICROLINK SOLUTIONS BERHAD 200301018362 (620782-P)
DIRECTORS' REPORT
The Directors have pleasure in submitting their report and the audited financial statements of the Group and of the Company for the financial year ended 31 March 2021.
PRINCIPAL ACTIVITIES
The Company is principally engaged in investment holding and provision of research and development on information technology solutions to the financial services industry. The principal activities and the details of the subsidiaries are disclosed in Note 8 to the financial statements. There have been no significant changes in the nature of these activities during the financial year.
RESULTS
Group | Company | ||||
RM | RM | ||||
Profit/(Loss) for the financial year | 31,791,115 | (789,637) | |||
Attributable to: | |||||
Owners of the parent | 31,762,294 | (789,637) | |||
Non-controlling interests | 28,821 | - | |||
31,791,115 | (789,637) | ||||
DIVIDENDS
Dividends paid, declared or proposed since the end of the previous financial year were as follows:
- First interim cash dividend of 1.00 sen per ordinary share, amounting to RM1,841,049 in respect of the current financial year, paid on 26 August 2020; and
- Second interim cash dividend of 1.00 sen per ordinary share, amounting to RM1,854,308 in respect of the current financial year, paid on 12 January 2021.
The Directors do not recommend any payment of final dividend in respect of the current financial year.
RESERVES AND PROVISIONS
There were no material transfers to or from reserves or provisions during the financial year.
ANNUAL REPORT 2021 | 1 |
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Microlink Solutions Bhd published this content on 25 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 08:21:07 UTC.