14. CONTRACT WITH CUSTOMERS (continued) (b) Contract liabilities Group 2024 2023 RM9000 RM9000 Contract liabilities 224 347 The contract liabilities primarily relate to the advance consideration received from customers for sale of online/digital materials, which revenue is recognised over time throughout the agreed period. The contract liabilities are expected to be recognised as revenue over a period of 180 days or 365 days (2023: 180 days or 365 days). Significant changes to contract liabilities balances during the financial year are as follows: Group 2024 2023 RM9000 RM9000 Contract liabilities at the beginning of the period recognised as revenue 347 830 15. TRADE AND OTHER RECEIVABLES Group Company 2024 2023 2024 2023 RM9000 RM9000 RM9000 RM9000 Non-Current Non-trade Amount due from a subsidiary - - 4,627 - Other receivable 2,608 - - - 2,608 - 4,627 - Current Trade Trade receivables 41,979 38,937 - - Less: Impairment loss (2,236) (2,669) - - 39,743 36,268 - - Non-trade Amounts due from subsidiaries - - 23,872 32,178 Less: Impairment loss - - (3,110) (3,081) Other receivables and deposits 1,319 1,161 2 2 Less: Impairment loss (82) - - - 1,237 1,161 20,764 29,099 Total Current 40,980 37,429 20,764 29,099 Total current and noncurrent trade and other receivables 43,588 37,429 25,391 29,099 Responsible Corpor-|; bঞ;mv_br Integrity & Honesty Accountable P-u|m;uv_br Excellence & Inno-ঞom Financial Statements (continued) 119
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