MATRIX INTEGRATED ANNUAL REPORT 2023

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 32. NET IMPAIRMENT LOSSES ON FINANCIAL ASSETS THE GROUP THE COMPANY 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Impairment losses:- - trade receivables - 11 - - - other receivables 3,042 - - - - amount owing by subsidiaries - - 12,440 94,500 3,042 11 12,440 94,500 33. PROFIT BEFORE TAXATION THE GROUP THE COMPANY 2023 RM’000 2022 RM’000 (RESTATED) 2023 RM’000 2022 RM’000 Profit before taxation is arrived at after charging/ (crediting):- Auditors’ remuneration - audit fees: - current year: - Crowe Malaysia PLT 572 563 70 70 - other auditors 142 102 - - - under/(over) provision in prior year: - other auditors 32 (28) - - - non-audit fees: - Crowe Malaysia PLT 8 8 8 8 Bad debts written off - 4 - - Depreciation: - property, plant and equipment (Note 7) 9,320 10,891 - - - investment properties (Note 8) 1 2 - - - right-of-use assets (Note 9) 930 1,021 - - Directors’ remuneration (Note 40) 32,472 32,276 452 441 Deposit written off - 103 - - Incorporation fees 3 3 - - INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 203

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