NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 SECTION 4: FINANCIAL PERFORMANCE 182 17. EMPLOYEE BENEFITS (CONT’D) Defined benefit obligation (cont’d) The following table shows reconciliation from the opening balance to the closing balance for the net defined benefit liability and its components:- Group 2024 2023 RM’000 RM’000 Balance at 1 January - - Included in profit or loss:- Current service costs 8 - Past service costs 58 - Other comprehensive income:- Effect of movement in exchange rate (3) - Defined benefit obligations at 31 December 63 - 18. PROVISION Group 2024 2023 RM’000 RM’000 Non-current 1,763 - Current 495 - 2,258 - These relate to provision for restoration costs which represent the estimated cost of restoring leased space used in the principal activities of the Group. Provisions made are capitalised as part of the carrying amount of the Group’s property, plant and equipment. The movement in the provisions is as follows:- Group 2024 2023 RM’000 RM’000 At the beginning of the financial year - - Recognised during the financial year 2,087 - Unwinding of discount on restoration cost 171 - 2,258 -
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