NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 33. TRADE AND OTHER PAYABLES (CONT’D.) (b) Other payables (cont'd.) (iii) Amounts due to subsidiaries, non-controlling interests and joint venture Amounts due to subsidiaries, non-controlling interests and joint venture are mainly unsecured, non-interest bearing and repayable on demand. (iv) Other payables Other payables are mainly unsecured, non-interest bearing and have no fixed terms of repayment. (v) Amounts due to shareholders Amounts due to shareholders are mainly unsecured, non-interest bearing and repayable on demand. (c) Provisions The movements in provisions are as follows: Provision Provision for for development foreseeable costs (i) losses (ii) Total RM’000 RM’000 RM’000 Group At 1 January 2024 104,907 86,192 191,099 Provision during the financial year 23,437 17,038 40,475 Reversal of provision during the financial year (8,249) (13,813) (22,062) Utilised during the financial year (10,108) – (10,108) At 31 December 2024 109,987 89,417 199,404 At 1 January 2023 84,690 66,554 151,244 Provision during the financial year 52,595 20,319 72,914 Reversal of provision during the financial year (11,505) (681) (12,186) Utilised during the financial year (20,873) – (20,873) At 31 December 2023 104,907 86,192 191,099 ANNUAL REPORT 2024 328
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