Wasco Berhad Integrated Annual Report 2025

281 SECTION 6 FINANCIAL STATEMENTS INTEGRATED ANNUAL REPORT 2025 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 15 AMOUNTS OWING BY ASSOCIATES Group 2025 RM’000 2024 RM’000 Current Advances 3,044 3,206 Dividend receivable 618 - Less: Allowance for impairment loss (3,044) (3,083) 618 123 Non-current Trade accounts 14,631 16,113 Less: Allowance for impairment loss (14,631) (16,113) - - Trade accounts are unsecured, interest free and recoverable within the normal credit period. The advances are unsecured, interest free and recoverable on demand. The movements in the Group’s and the Company’s allowance for impairment loss of amounts owing by associates during the financial year are as follows: Group 2025 RM’000 2024 RM’000 At 1 January 19,196 19,694 Impairment loss recognised 118 204 Effect of exchange rate changes (1,639) (702) At 31 December 17,675 19,196 Amounts owing by associates are denominated in United States Dollar and Ringgit Malaysia. The Group has no significant exposure to foreign currency risk for the amounts owing by associates.

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