9. OTHER INVESTMENTS (continued) (b) The Group designated unquoted shares as fair value through other comprehensive income because these equity securities represent investments that the Group intend to hold for long-term strategic purposes. Investment in unquoted shares of the Group were categorised as Level 3 in the fair value hierarchy. Fair value of investment in unquoted shares was estimated based on the price to book valuation model, for which the price to book ratio is a significant unobservable input. There was no transfer between levels in hierarchy during the financial year. Sensitivity analysis for other investments in unquoted shares is not disclosed as it is not material to the Group and the Company. (c) The following table shows a reconciliation of Level 3 fair values of other investments: Group Company 2024 2023 2024 2023 RM9000 RM9000 RM9000 RM9000 At 1 September 2023/2022 37 37 - - Addition 1,411 - 1,411 - At 31 August 2024/2023 1,448 37 1,411 - 10. DEFERRED TAX ASSETS/(LIABILITIES) Recognised deferred tax assets/(liabilities) Deferred tax assets/(liabilities) are attributable to the following: Assets Liabilities Net Group 2024 2023 2024 2023 2024 2023 RM9000 RM9000 RM9000 RM9000 RM9000 RM9000 Property, plant and equipment - capital allowance - - (328) (226) (328) (226) - revaluation - - (7,020) (8,136) (7,020) (8,136) Right-of-use assets - - (437) (97) (437) (97) Lease liabilities 441 102 - - 441 102 Intangible assets - - (1,483) (1,348) (1,483) (1,348) Unutilised tax losses 534 - - - 534 - Other deductible temporary differences 1,381 1,487 - - 1,381 1,487 Tax assets/(liabilities) 2,356 1,589 (9,268) (9,807) (6,912) (8,218) Set off of tax (1,586) (1,188) 1,586 1,188 - - 770 401 (7,682) (8,619) (6,912) (8,218) ANNUAL REPORT 2024 HOLDINGS BERHAD Financial Statements (continued) 112
RkJQdWJsaXNoZXIy NDgzMzc=