NOTES TO THE FINANCIAL STATEMENTS (CONT’D) FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2025 145 28. FINANCIAL INSTRUMENTS (CONT’D) (e) Fair Value Information (Cont’d) (i) Fair Value of Financial Instruments Carried at Fair Value • The fair value of unit trusts is determined by reference to statements provided by the respective financial institutions, with which the investments were entered into. • The fair value of quoted share is determined at their quoted closing bid prices at the end of the reporting period. • There were no transfers between level 1 and level 2 during the financial year. (ii) Fair Value of Financial Instruments Not Carried at Fair Value • The fair value of bank borrowing that carries fixed interest rate is determined by discounting the relevant future contractual cash flows using current market interest rate for similar instrument at the end of the reporting period. The interest rate used to discount the estimated cash flows is as follows: The Group The Company 2025 2024 2025 2024 % % % % Hire purchase payable 2.39 2.42 - - 29. CAPITAL COMMITMENTS The Group The Company 2025 2024 2025 2024 RM RM RM RM Purchase of property, plant and equipment 7,746,470 6,161,103 - - 30. CASH FLOW INFORMATION (a) The cash disbursed for the purchase of property, plant and equipment is as follows: The Group The Company 2025 2024 2025 2024 RM RM RM RM Cost of property, plant and equipment purchased 42,743,418 26,168,801 84,325 5,460,490 Less: Other payables - balances remained unpaid at financial year end (8,865) (1,349,260) - - Less: Transfer from inventories - (13,628) - - 42,734,553 24,805,913 84,325 5,460,490
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