EXCEL FORCE MSC BERHAD Annual Report 2024

116 MSC BERHAD 36. Financial Instruments (cont’d) (c) Financial risk management objectives and policies (cont’d) (ii) Liquidity risk (cont’d) The following table analyses the remaining contractual maturity for financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group and the Company can be required to pay. On demand or within 1 year 1 to 2 years 2 to 5 years After 5 years Total contractual cash flows Total carrying amount Group RM RM RM RM RM RM 2024 Non-derivative financial liabilities Trade payables 353,635 - - - 353,635 353,635 Other payables 2,668,762 - - - 2,668,762 2,668,762 Lease liabilities 879,782 544,143 256,900 - 1,680,825 1,606,170 Term loan 880,728 880,728 2,642,184 4,266,306 8,669,946 6,941,175 4,782,907 1,424,871 2,899,084 4,266,306 13,373,168 11,569,742 2023 Non-derivative financial liabilities Trade payables 352,851 - - - 352,851 352,851 Other payables 2,845,407 - - - 2,845,407 2,845,407 Lease liabilities 539,741 105,640 - - 645,381 632,211 3,737,999 105,640 - - 3,843,639 3,830,469 Notes to the Financial Statements (cont’d)

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