My EG Services Berhad Annual Report 2024

240 NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʧ (cont’d) 34. FINANCE COSTS Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Interest expenses of financial liabilities at amortised cost - term loans 7,316 7,704 6,522 7,226 - revolving credit 5,868 5,715 4,287 4,151 - sukuk wakalah 50,583 22,938 50,583 22,938 - block discounting 1,276 1,552 - - - lease liabilities 1,731 2,049 19 14 - bank guarantee 2 1 - - 66,776 39,959 61,411 34,329 35. PROFIT BEFORE TAX Profit before tax is determined after charging/(crediting), amongst others, the following items: Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Auditors’ remuneration - statutory audit 590 558 102 92 - non-audit services 3 3 3 3 Amortisation of development costs 20,273 25,103 10,200 8,550 Bad debts written off 728 12 - - Deposit received forfeited (43) (9) - - Depreciation of property, plant and equipment 27,536 30,042 9,377 9,720 Depreciation of investment properties 1,784 1,624 3,528 3,452 Depreciation of right-of-use assets 6,987 6,520 424 327 Dividend income from other investments (1,180) (240) - - Fair value (gain)/loss on other investments (15,602) 3 - - Fair value gain on digital assets (43) (39) - - Gain on disposal of assets held for sale - (3,328) - - Gain on disposal of property, plant and equipment (18) (358) - - Gain on disposal of a subsidiary (17,650) - - - Gain on termination of lease contract - (13) - - Interest expense on lease liabilities (recognise as cost of sales) 82 47 - -

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