Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2023 154 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 28. FINANCIAL INSTRUMENTS (CONT’D) (c) Classification of Financial Instruments (Cont’d) The Group The Company 2022 2022 RM RM Financial Assets Fair Value through Profit or Loss Short-term investments 11,985,670 7,501,407 Amortised Cost Trade receivables 124,086,038 - Other receivables 10,747,237 38,319 Amount owing by subsidiaries - 1,350,000 Fixed deposits with licensed banks 13,161,038 - Cash and bank balances 317,358,590 2,775,298 465,352,903 4,163,617 Financial Liability Amortised Cost Trade payables 27,660,857 - Other payables and accrued expenses 81,181,435 4,349,367 Bank borrowing 19,719,600 - 128,561,892 4,349,367 (d) Gains or Losses Arising from Financial Instruments The Group The Company 2023 2023 RM RM Financial Assets Fair Value through Profit or Loss Net gains recognised in profit or loss 1,298,037 346,232 Amortised Cost Net gains recognised in profit or loss 3,280,206 236,045 Financial Liability Amortised Cost Net losses recognised in profit or loss (115,806) -
RkJQdWJsaXNoZXIy NDgzMzc=