NOTES TO THE FINANCIAL STATEMENTS For the Financial Year Ended 31 December 2023 (cont’d) 33. NET REVERSAL ON IMPAIRMENT OF FINANCIAL ASSETS Group 2023 2022 RM’000 RM’000 Allowance for ECLs: - financing receivables 59 - - trade receivables 16 - Reversal of allowance for ECLs: - financing receivables (343) (423) - trade receivables (31) (14) - other receivables (1) (2) (300) (439) 34. FINANCE COSTS Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Interest expenses of financial liabilities not at FVTPL - term loans 7,704 4,952 7,226 4,952 - revolving credit 5,715 2,124 4,151 1,582 - sukuk wakalah 22,938 - 22,938 - - block discounting 1,552 1,021 - - - lease liabilities 2,049 1,144 14 - - bank guarantee 1 - - - 39,959 9,241 34,329 6,534 ANNUAL REPORT 2023 233 FINANCIAL STATEMENTS
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