FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 108 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 24. BANK BORROWING The Group 2024 2023 RM RM Non-current Hire purchase payable 14,763 49,047 Current Hire purchase payable 34,284 32,656 The interest rate pro le of the borrowing of the Group is summarised below:- Effective Interest Rate The Group 2024 2023 Hire purchase payable 2.51% 2.51% 25. LEASE LIABILITIES The Group 2024 2023 RM RM At 1 January 33,045,972 32,916,569 Interest expense recognised in pro t and loss 789,693 916,038 Changes due to lease modi cation (8,856) 187,517 Derecognition due to lease termination (73,584) - Repayment of principal (3,208,562) (3,183,189) Repayment of interest expense (789,693) (916,038) Additions 1,376,156 1,762,290 Exchange difference (2,397,837) 1,362,785 At 31 December 28,733,289 33,045,972 Analysed by: Current liabilities 2,633,304 3,248,775 Non-current liabilities 26,099,985 29,797,197 At 31 December 28,733,289 33,045,972
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