Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 133 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 24. LEASE LIABILITIES The Group The Company 2021 2020 2021 2020 RM RM RM RM At 1 January 12,328,228 14,963,954 - 97,272 Interest expense recognised in profit and loss 614,836 653,936 - 4,848 Derecognition due to lease modification - (54,898) - - Repayment of principal (3,191,224) (3,387,979) - (97,272) Repayment of interest expense (614,836) (653,936) - (4,848) Addition 11,839,512 667,962 - - Exchange difference 332,315 139,189 - - At 31 December 21,308,831 12,328,228 - - Analysed by:- Current liabilities 2,559,942 2,795,816 - - Non-current liabilities 18,748,889 9,532,412 - - At 31 December 21,308,831 12,328,228 - - 25. TRADE PAYABLES, OTHER PAYABLES AND ACCRUED EXPENSES Trade payables of the Group comprise amounts outstanding for trade purchases. The credit periods granted to the Group for trade purchases range from 30 to 90 days (2020: 30 to 90 days). Included in trade payables was RM32,009 (2020: Nil) owing to a related party. Other payables and accrued expenses consist of:- The Group The Company 2021 2020 2021 2020 RM RM RM RM Other payables 58,091,359 54,607,311 5,800 5,090 Accrued expenses 60,112,438 47,393,915 5,439,324 4,435,652 118,203,797 102,001,226 5,445,124 4,440,742 Less: Other payables (included under non-current liabilities) (2,930,914) (2,845,851) - - Current liabilities 115,272,883 99,155,375 5,445,124 4,440,742
RkJQdWJsaXNoZXIy NDgzMzc=