pg. 279 Financial Statements Integrated Annual Report 2025 NOTES TO THE FINANCIAL STATEMENTS - 31 December 2025 14. Cash and bank balances Group Fund 2025 RM 2024 RM 2025 RM 2024 RM Islamic fixed deposits with licensed banks 36,360,000 31,053,000 28,130,000 23,046,000 Cash and bank balances 14,943,195 4,691,360 14,684,929 4,661,341 51,303,195 35,744,360 42,814,929 27,707,341 Less: Islamic fixed deposits with licensed banks with maturity period of more than 3 months (10,030,000) (9,753,000) (1,800,000) (1,746,000) Cash and cash equivalents 41,273,195 25,991,360 41,014,929 25,961,341 At the reporting date, the weighted average deposit rate per annum and average remaining maturity period of fixed deposits with licensed banks are as follows: Group Fund 2025 2024 2025 2024 Weighted average deposit rate (%) 3.33% 2.91% 3.37% 2.67% Average remaining maturity period 33 37 28 37 The deposits with licensed banks of the Group and of the Fund of RM10,030,000 and RM1,800,000 (2024: RM9,753,000 and RM1,746,000) respectively are placed as reserve for repayment of finance costs on long-term Islamic financing as mentioned in Note 17 and hence, are not available for general use. 15. Deferred tax liability Group and Fund 2025 RM 2024 RM At 1 January 2,242,953 1,995,394 Recognised in profit or loss (Note 7) 135,012 247,559 At 31 December 2,377,965 2,242,953 The deferred tax liability relates to fair value gain on investment properties which is expected to be recovered through sale. The amount of deferred tax recognised is measured using the tax rates that would apply on the sale of those assets at their carrying values at the reporting date unless the property is held with the objective to consume substantially all the economic benefits embodied in the property over time, rather than through sale. Based on the Finance Act 2019 which was gazetted in December 2019, it was clarified that the RPGT rate of 10% is prescribed for disposal of investment properties held for more than 5 years for a trustee of a trust.
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