Company: VCIG
Filing Date: 2025-05-13
Form Type: 20-F
Source: 0001213900-25-042476
Chunk: 125

Company: VCI Global Ltd
Filing Date: 2025-05-13
Form: 20-F
Item: Item 19
Chunk 125
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 5,611                           ( 1,255  
  Total equity                                                                                         92,969,863                        385,893,045                        86,321,816  
  Total liabilities and equity                                                                        118,047,637                        409,308,663                        91,559,740  

The accompanying notes are an integral part of
these consolidated financial statements.

F-3

VCI GLOBAL LIMITED AND ITS SUBSIDIARIES

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND
OTHER COMPREHENSIVE INCOME/(LOSS)

                                                                                                    Note      December 31,                                                            December 31,                    
                                                                                                              2022                                                                    2024                            
                                                                                                              RM                                                                      US$                             
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenue                                                                                                                         34,265,404        89,581,700       124,388,391                          27,824,891  
  Revenue - related party                                                                             29                           1,304,478         1,216,444                 -                                   -  
  Total revenue                                                                                       21                          35,569,882        90,798,144       124,388,391                          27,824,891  
  Other income                                                                                        22                           1,732,343           752,251         1,080,007                             241,591  
  Cost of services                                                                                    23                         ( 7,655,889      ( 15,384,017      ( 22,120,403                         ( 4,948,193  
  Depreciation of property and equipment and right-of-use assets                                   6 & 7                           ( 467,616         ( 742,945       ( 1,064,216                           ( 238,058  
  Amortization of intangible assets                                                                    8                                   -                 -         ( 929,796                           ( 207,989  
  Employee benefit expense                                                                            24                        ( 10,588,252      ( 24,770,668      ( 30,449,669                         ( 6,811,397  
  Provision for allowance for expected credit losses on trade and other receivables                   10                           ( 342,427       ( 1,571,162       ( 4,109,508                           ( 919,271  
  Provision for allowance for expected