19. TRADE AND OTHER PAYABLES Group Company 2024 2023 2024 2023 RM9000 RM9000 RM9000 RM9000 Trade Trade payables 7,264 2,746 - - Non-trade Amount due to a subsidiary - - 5,033 4,920 Other payables and accrued expenses 11,086 10,537 299 260 18,350 13,283 5,332 5,180 (a) Trade and other payables are classified as financial liabilities and measured at amortised cost. (b) These are non-interest bearing and the normal credit terms granted to the Group and the Company range from cash term to 90 days (2023: cash term to 90 days) respectively. Trade and other payables are recognised at their original invoices amounts, which represent their fair values on initial recognition. (c) Trade and other payables are denominated in Ringgit Malaysia. (d) Amount due to a subsidiary is a non-trade advances in nature, unsecured, bears interest of 3.00% (2023: 2.73% to 3.00%) per annum and is repayable in cash and cash equivalents within the next twelve (12) months. (e) Included in other payables and accrued expenses of the Group are accrued royalties payable of RM5,754,000 (2023: RM5,378,000). (f) Included in other payables and accrued expenses of the Group and of the Company are amounts due to Directors of RM210,000 (2023: RM172,000). (g) The maturity profile of trade and other payables of the Group and of the Company at the reporting date based on contractual undiscounted repayment obligations is repayable on demand or within one (1) year. 20. REVENUE Group Company 2024 2023 2024 2023 RM9000 RM9000 RM9000 RM9000 Revenue from contracts with customers Sale of printed books, distribution of applied learning products and trading of paper 85,521 94,771 - - Sale of online/digital educational material 4,533 1,371 - - 90,054 96,142 - - ANNUAL REPORT 2024 HOLDINGS BERHAD Financial Statements (continued) 130
RkJQdWJsaXNoZXIy NDgzMzc=