My EG Services Berhad Annual Report 2021

MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K) 216 NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 30. DEFERRED TAX LIABILITIES (CONT’D) The Group has not recognised the deferred tax liabilities of the following items as the directors are of the opinion that the deferred tax liabilities will not crystalise in the foreseeable future as the business operations of which the deferred tax liabilities arose are operated by subsidiary of which MSC status has been granted. The Group 2021 2020 RM’000 RM’000 Accelerated capital allowances - 11,253 Others - (3,574) - 7,679 31. TRADE PAYABLES The normal trade credit terms granted to the Group and the Company range from cash terms to 90 (2020 - cash terms to 90) days. 32. OTHER PAYABLES AND ACCRUALS The Group The Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Other payables:- Third parties 10,445 4,605 6,329 4,199 Goods and services tax payable 20 13 - - Sales and services tax payable 392 398 68 60 10,857 5,016 6,397 4,259 Accruals 38,401 21,006 6,916 2,433 Deposits 18,642 817 2,949 204 67,900 26,839 16,262 6,896 33. DEFERRED REVENUE The deferred revenue primarily relate to advance considerations received from customers for the rental of devices and advanced billings for other maintenance, advertising and marketing services of which the revenue will be recognised over the remaining contract term of the specific contract it relates to.

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