NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 (CONTINUED)

9. CASH AND CASH EQUIVALENTS

Fixed deposits with licensed banks

Cash and bank balances

Less: Investment in fixed deposits with licensed banks with maturity more than 3 months

Cash and cash equivalents

The weighted average interest rate per annum of fixed deposits with licensed banks effective as at the financial year end is 2.45% (2020: 2.86%) per annum. Fixed deposits have an average maturity period of 11 to 15 months (2020: 12 to 15 months). Bank balances are deposits held at call with banks.

10. TRADE AND OTHER PAYABLES Trade payables Other payables and accruals

11. FINANCIAL ASSISTANCE COMMITMENT Financial assistance commitment

As at 31 December 2021, MAKNA is committed to provide financial assistance to patients. The number of months committed is within the range of 6 to 12 months, for an amount of RM150 to RM500 (2020: RM150 to RM500) per month.