NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 (CONT’D) 43. FINANCIAL INSTRUMENTS (CONT’D) 43.4 GAINS OR LOSSES ARISING FROM FINANCIAL INSTRUMENTS THE GROUP THE COMPANY 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Financial Assets Amortised cost Net gains/(losses) recognised in profit or loss 16,884 (227) 33,222 31,146 Financial Liabilities Amortised cost Net losses recognised in profit or loss (5,082) (9,634) (12,042) (13,033) 43.5 FAIR VALUE INFORMATION T he 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. A s the Group and the Company do not have any financial instruments carried at fair value, the following table sets out only the fair value profile of financial instruments that are not carried at fair value at the end of the reporting period:- FAIR VALUE OF FINANCIAL INSTRUMENTS NOT CARRIED TOTAL AT FAIR VALUE FAIR CARRYING LEVEL 1 LEVEL 2 LEVEL 3 VALUE AMOUNT THE GROUP RM’000 RM’000 RM’000 RM’000 RM’000 2024 Financial assets Other receivable (non-current) – 10,029 – 10,029 10,029 Financial liabilities Amount owing to non-controlling interest shareholders (non-current) – 20,441 – 20,441 20,441 Term loans – 111,654 – 111,654 111,654 2023 Financial assets Other receivable (non-current) – 15,848 – 15,848 15,848 Financial liabilities Amount owing to non-controlling interest shareholders (non-current) – 24,510 – 24,510 24,510 Term loans – 122,720 – 122,720 122,720 FINANCIAL STATEMENTS 217 INTEGRATED ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NDgzMzc=