Dagang NeXchange Berhad Annual Report 2022

34. FINANCIAL INSTRUMENTS (CONTINUED) 34.7 Fair value information The carrying amounts of cash and cash equivalents, short-term receivables and payables and short-term borrowings reasonably approximate their fair values due to the relatively short-term nature of these financial instruments. The table below analyses financial instruments carried at fair value and those not carried at fair value for which fair value is disclosed, together with their fair values and carrying amounts shown in the statements of financial position. Fair value of financial instruments carried at fair value Fair value of financial instruments not carried at fair value Total fair value RM’000 Carrying amount RM’000 Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 Group 30.6.2022 Financial liabilities Loans and borrowings – – – – – (319,359) – (319,359) (319,359) (319,359) 30.6.2021 Financial liabilities Loans and borrowings – – – – – (86,380) – (86,380) (86,380) (86,380) Fair value of financial instruments carried at fair value Fair value of financial instruments not carried at fair value Total fair value RM’000 Carrying amount RM’000 Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 Level 1 RM’000 Level 2 RM’000 Level 3 RM’000 Total RM’000 Company 30.6.2022 Financial liabilities Loans and borrowings – – – – – (23,000) – (23,000) (23,000) (23,000) 30.6.2021 Financial liabilities Loans and borrowings – – – – – (23,000) – (23,000) (23,000) (23,000) 301 DNeX INTEGRATED REPORT 2022

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