Dagang NeXchange Berhad Annual Report 2023

16. CAPITAL AND RESERVES (CONTINUED) Translation reserve The translation reserve comprises all foreign currency differences arising from the translation of the financial statements of foreign operations whose functional currencies are different from the Group’s presentation currency. Fair value reserve In the previous financial year, the fair value reserve comprised the cumulative net change in the fair value of equity instruments designated at fair value through other comprehensive income until the assets were derecognised. 17. NON-CONTROLLING SHAREHOLDERS’ INTERESTS This consists of the non-controlling shareholders’ proportion of share capital and reserves in subsidiaries. 18. LOANS AND BORROWINGS Note Group Company 31.12.2023 RM’000 30.6.2022 RM’000 31.12.2023 RM’000 30.6.2022 RM’000 Non-current Term loans 18.1 14,015 20,182 – – Secured bonds 18.2 – 212,602 – – 14,015 232,784 – – Current Term loans 18.1 4,831 58,890 – – Secured bonds 18.2 227,575 – – – Revolving credits 18.3 50,000 23,000 50,000 23,000 Bank overdrafts 18.4 982 4,685 – – 283,388 86,575 50,000 23,000 297,403 319,359 50,000 23,000 Financial Statements DAGANG NeXCHANGE BERHAD 256 NOTES TO THE FINANCIAL STATEMENTS

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