NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2025 26. BIOLOGICAL ASSETS The Group 2025 2024 RM RM Net Book Value At beginning of year 8,268,800 6,231,392 Changes in fair value (Note 6) 2,362,091 2,848,371 Effect of movements in exchange rate (755,289) (810,963) At end of year 9,875,602 8,268,800 The biological assets of the Group comprise fresh fruit bunches (“FFB”) prior to harvest. Management has considered FFB less than 15 days before harvesting in the calculation of fair value. FFB more than 15 days before harvesting are excluded from the valuation as their fair values are considered negligible. The fair value measurement of the biological assets is valued using present value of net cashflows expected to be generated from the sale of FFB, adjusted for estimated oil content of unharvested FFB, less harvesting, transport and other costs to sell and is categorised within Level 2 of the fair value hierarchy is disclosed in Note 43. During the financial year, the Group harvested approximately 385,718 metric tonnes (“MT”) of FFB (2024: 406,658 MT). 27. CASH, BANK BALANCES, TERM DEPOSITS AND SHORT-TERM PLACEMENTS The Group The Company 2025 2024 2025 2024 Note RM RM RM RM Term deposits (a) 4,530,000 12,637,700 - - Cash and bank balances 255,642,049 241,736,738 927,805 4,667,496 Cash held under housing development accounts (b) 132,488,408 99,934,102 - - Short-term placements (c) 204,802,121 154,218,308 - - 597,462,578 508,526,848 927,805 4,667,496 (a) The term deposits bear effective interest at rates ranging from 3.70% to 5.75% (2024: 1.30% to 3.00%) per annum with maturity period ranging from 30 days to 9 months (2024: 90 days to 3 years). 6 Financial Insights Through Numbers 1 3 5 2 4 7 PG | 259 ANNUAL REPORT 2025 MKH BERHAD
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