NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 44. FINANCIAL INSTRUMENTS (CONT’D) 44.4 GAINS OR LOSSES ARISING FROM FINANCIAL INSTRUMENTS THE GROUP THE COMPANY 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Financial Assets Fair Value Through Profit or Loss Net gains recognised in profit or loss - 300 - 300 Amortised cost Net (losses)/gains recognised in profit or loss (227) 4,298 31,146 (47,027) Financial Liabilities Amortised cost Net losses recognised in profit or loss (9,634) (16,280) (13,033) (16,137) 44.5 FAIR VALUE INFORMATION The fair values of the financial assets and financial liabilities of the Group and of the Company which are maturing within the next 12 months approximated their carrying amounts due to the relatively short-term maturity of the financial instruments. INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 238 FINANCIAL STATEMENTS
RkJQdWJsaXNoZXIy NDgzMzc=