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Datasonic Group Berhad

(Company No. 809759-X)

114

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2016

(Continued)

24. HIRE PURCHASE PAYABLES

Group

Company

2016

2015

2016

2015

RM’000

RM’000

RM’000

RM’000

Secured:-

Minimum hire purchase payments:

- not later than 1 year

143

23

23

23

- later than 1 year and not later

 than 5 years

521

94

74

94

- later than 5 years

4

4

664

121

97

121

Less: Future finance charges

(68)

(13)

(8)

(13)

Present value of hire purchase

 payable

596

108

89

108

Non-current (Note 21):

- later than 1 year and not later

 than 5 years

479

85

69

85

- later than 5 years

4

4

479

89

69

89

Current (Note 28):

- not later than 1 year

117

19

20

19

596

108

89

108

(a) The hire purchase payables of the Group and of the Company are secured by the Group and

the Company’s motor vehicles.

(b) The hire purchase payables of the Group and of the Company at the end of the financial year/

period bore effective interest rates ranging from 4.53% to 4.75% (2015 - 4.53%) per annum and

4.53% (2015 - 4.53%) per annum respectively. The interest rates are fixed at the inception of the

hire purchase arrangements.

25. DEFERRED TAX LIABILITIES

Group

Company

2016

2015

2016

2015

RM’000

RM’000

RM’000

RM’000

At 1.4.2015/1.1.2014

64

71

35

24

Recognised in profit or

 loss (Note 37)

1,094

(7)

(35)

11

1,158

64

35