200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 25. Trade and other payables 2024 2023 2024 2023 RM RM RM RM Current Trade payables Third parties 421,763,942 278,300,480 - - Amounts due to joint ventures 6,861,952 4,196,817 - - 428,625,894 282,497,297 - - Other payables Accruals 46,000,593 35,188,432 845,100 702,572 Third parties 16,176,589 14,623,441 440,903 604,215 Deposits payable 1,353,333 336,942 - - Amounts due to subsidiaries - - 12,522,905 39,032,359 Amounts due to a joint ventures 488,806 529,300 1,788 928 Amount due to corporate shareholder of a subsidiary 6,201,337 4,191,783 - - Amounts due to former shareholders of a subsidiary 8,912,288 - - - 79,132,946 54,869,898 13,810,696 40,340,074 Total trade and other payables (current) 507,758,840 337,367,195 13,810,696 40,340,074 Non-current Other payable Amounts due to former shareholders of a subsidiary 21,147,944 - - - Total trade and other payables (current and non-current) 528,906,784 337,367,195 13,810,696 40,340,074 Add: Loans and borrowings (Note 23) 671,536,032 413,373,990 115,310,000 87,860,000 Add: Lease liabilities (Note 24) 7,301,360 5,264,943 - - Total financial liabilities carried at amortised cost 1,207,744,176 756,006,128 129,120,696 128,200,074 (a) Trade payables (b) Other payables Group Company These amounts are non-interest bearing. Trade payables are normally settled on 30 to 90 days (2023: 30 to 90 days) terms. Other payables due to third parties are non-interest bearing and are normally settled on 30 to 60 days (2023: 30 to 60 days) terms. - 74 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 166
RkJQdWJsaXNoZXIy NDgzMzc=