179 ANNUAL REPORT 2024 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 (cont’d) 35. FINANCIAL INSTRUMENTS (CONT’D) 35.1 FINANCIAL RISK MANAGEMENT POLICIES (CONT’D) (a) Market Risk (Cont’d) (i) Foreign Currency Risk (Cont’d) United States Singapore Ringgit Dollar Dollar Malaysia Total The Group RM’000 RM’000 RM’000 RM’000 2023 Financial Assets Trade receivables 2,286 - 91,275 93,561 Cash and bank balances 1,422 46 67,072 68,540 3,708 46 158,347 162,101 Financial Liability Trade payables (24) (210) (40,439) (40,673) Net financial assets/ (liabilities) 3,684 (164) 117,908 121,428 Less: Net financial assets/ (liabilities) denominated in respective entities’ functional currencies - - (117,908) (117,908) Currency exposure 3,684 (164) - 3,520 Foreign Currency Risk Sensitivity Analysis The following table details the sensitivity analysis to a reasonably possible change in the foreign currencies at the end of the reporting period, with all other variables held constant:- The Group 2024 2023 RM’000 RM’000 Effects on Profit After Taxation/Other Comprehensive Income USD/RM - strengthened by 5% 601 140 - weakened by 5% (601) (140) SGD/RM - strengthened by 5% (9) (6) - weakened by 5% 9 6 THB/RM - strengthened by 5% (6) - - weakened by 5% 6 -
RkJQdWJsaXNoZXIy NDgzMzc=