NexG Berhad Annual Report 2025

ANNUAL REPORT 2025 FINANCIAL STATEMENTS Notes to the Financial Statements (Cont’d) For the Financial Year Ended 31 March 2025 167 31. HIRE PURCHASE PAYABLES (SECURED) Group/Company 2025 2024 RM’000 RM’000 Minimum hire purchase payables: - not later than 1 year 135 135 - later than 1 year and not later than 5 years 347 482 482 617 Less: Future finance charges (28) (46) Present value of hire purchase payables 454 571 Analysed by:- Current liabilities (Note 34) 121 117 Non-current liabilities (Note 27) 333 454 454 571 The hire purchase payable bore an effective interest rate of 3.39% (2024 - 3.39%) per annum at the end of the financial year. 32. TRADE PAYABLES Group 2025 2024 RM’000 RM’000 Trade payables 10,832 14,987 The normal trade credit terms granted to the Group range from 30 to 90 (2024 - 30 to 90) days. 33. OTHER PAYABLES AND ACCRUALS Group Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Other payables 4,937 1,725 1,103 225 Deferred income 8,201 1,568 - - Provisions 6,956 7,993 1,808 1,654 Accruals 7,612 2,704 2,405 195 27,706 13,990 5,316 2,074 Accruals consist of cost for goods or services and subcontracting services and the remaining amount which payable within two years upon achieve the term and condition of share sales agreement.

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