Most of this debt to the subsidiary companies (for the...

Most of this debt to the subsidiary companies (for the acquisitions) was paid through issuing them 339,825,485 shares during the 21 FY which represents a 33% dilution. CI1 also received $382,280 from government grants which will likely be a one off (was $35,804 in 2020). This is included in their profits but not in their revenue (was under "Other Income").

This was a good effort I believe for the year which has been tough on CI1, but we have to be clear as to how the company 'magically' got rid of $13m worth of liabilities.