Page 321 - MSM_AIR2021
P. 321

SUSTAINABILITY JOURNEY   HOW WE ARE GOVERNED   FINANCIAL STATEMENTS   ADDITIONAL INFORMATION  319


            NOTES TO THE FINANCIAL STATEMENTS

            FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021










            6    REVENUE – CONTINUING OPERATIONS (CONTINUED)
                 The following table shows the revenue expected to be recognised in the future relating to performance obligations that were
                 unsatisfied (or partially satisfied) as at 31 December:
                                                                                                       Group
                                                                                                  2021        2020
                                                                                                RM’000      RM’000
                 Sales of goods                                                                  8,212       12,749

                 The aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied as of the end
                 of the reporting date, of which the Group expects to recognise is RM8,212,151 (2020: RM12,748,902) as revenue in 2022
                 (2020: 2021).


            7    OTHER OPERATING INCOME – CONTINUING OPERATIONS
                                                                              Group                   Company
                                                                         2021        2020         2021        2020
                                                                       RM’000      RM’000       RM’000      RM’000

                 Gain on disposal of a subsidiary (Note 20)             6,287            -      28,721            -
                 Income from sale of scrap                                344         357            -            -
                 Gain on disposal of property, plant and equipment (Note 17)   902      18         197            -
                 Unrealised gains on foreign currency exchange translation   1,506       -           -            -
                 Realised gains on foreign currency exchange translation   851       1,187           -            -
                 Others                                                     7           4            5          117
                                                                        9,897        1,566      28,923          117


            8    IMPAIRMENT/(REVERSAL OF IMPAIRMENT) OF FINANCIAL ASSETS, NET – CONTINUING OPERATIONS
                                                                              Group                   Company
                                                                         2021        2020         2021        2020
                                                                       RM’000      RM’000       RM’000      RM’000
                 Impairment loss of trade and other receivables (Note 23)   4,835    7,219           -            -
                 Reversal of impairment loss of amount due from
                    a related company (Note 25)                         (3,200)       (654)          -            -
                 Impairment/(reversal) of impairment loss of
                   loans due from subsidiaries (Note 21)                    -            -      13,433         (419
                                                                        1,635        6,565      13,433         (419)
   316   317   318   319   320   321   322   323   324   325   326