FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 104 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 17. INVENTORIES The Group 2024 2023 RM RM Raw materials 4,938,812 5,880,002 Work-in-progress 10,440,827 11,116,002 Finished goods 5,857,082 5,334,206 21,236,721 22,330,210 Recognised in pro t or loss: Inventories recognised as cost of sales 34,125,671 32,081,756 Inventories written down 290,040 358,167 Reversal of inventories previously written down - (8,375) In the previous nancial year, the reversal of inventories previously written down was in respect of inventories sold above their carrying amounts during the nancial year. 18. AMOUNT OWING BY SUBSIDIARIES The Company 2024 2023 RM RM Amount owing by: Advances 3,094,733 2,989,079 Dividend receivable 2,200,000 1,800,000 5,294,733 4,789,079 Allowance for impairment losses (2,989,079) (2,989,079) 2,305,654 1,800,000 The amount owing represents unsecured payments made on behalf and dividend receivable. The amount owing is repayable on demand and is to be settled in cash. 19. SHORT-TERM INVESTMENTS The Group The Company 2024 2023 2024 2023 RM RM RM RM Unit trust 38,478,649 29,991,575 30,059,862 17,369,607 Quoted shares 3,664,998 2,656,083 - - 42,143,647 32,647,658 30,059,862 17,369,607 Fair value 42,143,647 32,647,658 30,059,862 17,369,607
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