FINANCIAL STATEMENTS (continued) 111 19. TRADE AND OTHER PAYABLES (continued) Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Non-trade Amount due to a subsidiary - - 6,371 6,773 Other payables and accrued expenses 10,372 10,580 203 193 19,009 13,942 6,574 6,966 (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 Company ranges from cash term to 90 days (2021: 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 non-trade in nature, unsecured, interest free and 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 RM4,750,000 (2021: RM3,780,000). (f) Included in other payables and accrued expenses of the Group and of the Company is an amount due to Directors of RM120,000 (2021: RM110,000). (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 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Revenue from contracts with customers Sale of printed books, distribution of applied learning products and trading of paper 65,445 59,639 - - Sale of online/digital educational material 3,589 3,263 - - 69,034 62,902 - - Other revenue Dividend income - - 5,668 5,241 Total revenue 69,034 62,902 5,668 5,241 111 ANNUAL REPORT 2022
RkJQdWJsaXNoZXIy NDgzMzc=