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Datasonic Group Berhad

(Company No. 809759-X)

111

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2016

(Continued)

20. MERGER DEFICIT

The merger deficit of RM11,072,000 (2015 - RM11,072,000) resulted from the difference between the

carrying value of the investments in subsidiaries and the nominal value of the shares of the Company’s

subsidiaries upon consolidation under the merger accounting principle.

21. LONG-TERM BORROWINGS

Group

Company

2016

2015

2016

2015

RM’000

RM’000

RM’000

RM’000

Secured:-

Term loans (Note 22)

64,969

88,911

Term financing (Note 23)

10,157

13,062

10,157

13,062

Hire purchase payables (Note 24)

479

89

69

89

75,605

102,062

10,226

13,151

22. TERM LOANS

Group

2016

2015

RM’000

RM’000

Secured:-

Non-current (Note 21):

- later than 1 year and not later than 2 years

788

1,172

- later than 2 years and not later than 5 years

53,116

79,176

- later than 5 years

11,065

8,563

64,969

88,911

Current (Note 28):

- not later than 1 year

749

713

65,718

89,624