differences 340.4 278.9 0 0 Tax losses* 413.8 874.7 0 0 Reinvestment allowance and investment tax allowance 5,917.2 5,925.1 123.7 0 No deferred tax assets are recognised from the deductible temporary differences and unused tax losses due to uncertainty of their recoverability. The unabsorbed capital allowances and investment tax allowance do not expire under current tax legislation. * The unutilised tax losses arising from a year of assessment (‘YA’) are allowed to be carried forward for utilisation up to 10 consecutive YAs from that YA. The accumulated unabsorbed tax losses brought forward are expected to expire between YA2028 to YA2030. 13 LONG TERM RECEIVABLES Accounting Policy Long term receivables are financial instruments and the accounting policy is disclosed in Note 45. Group Company Note 2023 RM’million 2022 RM’million 2023RM’million 2022 RM’million Financial assets Other receivables (a) 61.2 54.3 35.0 46.9 Less: Loss allowances (14.4) (14.7) (13.9) (14.7) 46.8 39.6 21.1 32.2 Non-financial assets (b) 494.1 210.9 361.7 108.9 540.9 250.5 382.8 141.1 (a) Included in the Group and the Company are advances given to staff and other non-trade receivables, which are not expected to be received within 12 months from the reporting date. Credit risks are disclosed in Note 45(b) to the financial statements. (b) Non-financial assets primarily relates to deposits and indirect tax receivables which are not expected to be received within 12 months from the reporting date. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 243 Accounting Policy The amounts due from/(to) subsidiaries are financial instruments and its accounting policy is as disclosed in Note 45. 14 AMOUNTS DUE FROM/(TO) SUBSIDIARIES Company Note 2023 RM’million 2022 RM’million Non-current Amounts due from subsidiaries 5,156.6 4,681.8 Less: Loss allowances (271.1) (265.7) (a) 4,885.5 4,416.1 Current Amounts due from subsidiaries 3,394.2 5,909.0 Less: Loss allowances (302.1) (308.2) (b) 3,092.1 5,600.8 Amounts due to subsidiaries