40
MIGHT Directors’ Report And Audited Financial Statements 2020
15. LEASE LIABILITIES (continued)
The table below summarises the maturity profile of the lease liabilities of the Group and of the Company at the end of the reporting period based on contractual undiscounted repayment obligations as follows: (continued) (c)
WITHIN ONE (1) YEAR
OVER FIVE (5) YEARS
ONE (1) TO FIVE (5)YEARS
TOTAL
COMPANY
RM
RM
RM
RM
31 December 2020 Lease liabilities
-
105,720
181,641
287,361
31 December 2019 Lease liabilities
-
84,120
218,736
302,856
16. TRADE AND OTHER PAYABLES
GROUP
COMPANY
2019 RM
2019 RM
2020 RM
2020 RM
Non-current
8,333
-
-
-
Other payable
Current Trade payables
156,646
389,170
Third parties
299,270
136,769
Other payables
Other payables Accruals Deposit received
45,502,804 2,962,035 1,644,138 50,108,977 50,265,623
66,387,270 3,865,756 2,077,358 72,330,384 72,719,554
66,189,823 2,493,772 2,077,358 70,760,953 71,060,223 19,400 71,079,623 71,079,623
45,381,230 2,190,937 1,644,138 49,216,305 49,353,074
Total current payables
Good and Service Tax
2,956
181,437
2,956
Total current trade and other payables
50,268,579 50,268,579
72,900,991 72,909,324
49,356,030 49,356,030
Total trade and other payables
Total payables
71,060,223
50,265,623
72,727,887
49,353,074
Total payables are classified as financial liabilities and measured at amortised cost.
(a)
(b)
Trade payables of the Group and of the Company are non-interest bearing the normal credit terms granted to the Group and the Company range from 60 to 90 days (2019: 60 to 90 days) from the date of invoice.
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