ANNUAL REPORT 2024 FOR THE FINANCIAL YEAR ENDED 31 MARCH 2024 FINANCIAL STATEMENTS NOTES TO THE 167 27. LEASE LIABILITIES Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 At 1 April 2023/2022 1,258 - 1,258 - Interest expenses recognised in profit or loss (Note 38) 52 14 39 14 Additions 426 1,430 - 1,430 Repayment of principal (821) (172) (707) (172) Repayment of interest expenses (52) (14) (39) (14) At 31 March 2024/2023 863 1,258 551 1,258 Represented by:- Current liabilities (Note 32) 712 708 551 708 Non-current liabilities (Note 24) 151 550 - 550 863 1,258 551 1,258 28. HIRE PURCHASE PAYABLES (SECURED) Group/Company 2024 2023 RM’000 RM’000 Minimum hire purchase payables: - not later than 1 year 135 - - later than 1 year and not later than 5 years 482 - 617 - Less: Future finance charges (46) - Present value of hire purchase payables 571 - Analysed by:- Current liabilities (Note 32) 117 - Non-current liabilities (Note 24) 454 - 571 - The hire purchase payable bore an effective interest rate of 3.39% (2023 - Nil) per annum at the end of the financial year.
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