NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 44. FINANCIAL INSTRUMENTS (CONT’D) 44.5 FAIR VALUE INFORMATION (CONT’D) (a) The fair values, which are for disclosure purposes, have been determined using the following basis (Cont’d):- (iii) The fair values of Sukuk Wakalah that carry fixed interest rates are determined by discounting the relevant future contractual cash flows using current market interest rates for similar instruments at the end of the reporting period. The interest rates used to discount the estimated cash flows are as follows:- THE GROUP/THE COMPANY 2023 % 2022 % Sukuk Wakalah 4.72 – 6.85 5.50 – 6.85 45. COMPARATIVE FIGURES The following figures had been reclassified to conform with the presentation of the current financial year which reclassified assets under hire purchase financing from right-of-use assets to property, plant and equipment:- THE GROUP As Previously Reported RM’000 As Restated RM’000 Statement of Financial Position (Extract):- Property, plant and equipment 219,048 219,181 Right-of-use assets 2,996 2,863 INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 241
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