7 FINANCIAL STATEMENTS 347 34. PROVISIONS Group 2025 RM’000 2024 RM’000 Non-current: Provision for employee service entitlements (Note a) 5,575 5,705 Movements of provision for employee service entitlements during the financial year are as follows: Group 2025 RM’000 2024 RM’000 At 1 January 5,705 4,132 Acquisition of subsidiaries (Note 47(h)) - 1,417 Charged to the statement of comprehensive income (Note 8) 833 440 Exchange differences (963) (284) At 31 December 5,575 5,705 Provision for employee service entitlements comprises provisions for retirement leave entitlements in respect of eligible employees. The provisions are in respect of both vested and unvested entitlements, and are made by reference to independent actuarial valuations. The timing of such payments depends on when vesting occurs and the subsequent retirement date of the eligible employees. 35. BORROWINGS Group Company 2025 RM’000 2024 RM’000 2025 RM’000 2024 RM’000 Current borrowings Secured: Term loans (Note a) 28,820 45,872 - - Revolving credit (Note c) 50,526 1,800 - - 79,346 47,672 - - Unsecured: Islamic Medium Term Notes (Note b) 250,000 - 250,000 - Revolving credit (Note c) 52,030 94,459 52,030 59,050 Total short term borrowings 381,376 142,131 302,030 59,050 Non-current borrowings Secured: Term loans (Note a) 14,403 43,447 - - Unsecured: Islamic Medium Term Notes (Note b) - 250,000 - 250,000 Total long term borrowings 14,403 293,447 - 250,000 Total borrowings 395,779 435,578 302,030 309,050
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