Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 287

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 287
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   |         Drawdowns 
 (repayments), net |     |   |     As of 
 March 31, 
      2024 |
|:-----------------------|:----|:--|----------:|:----|:--|------------------:|:----|:--|----------:|
|                        |     | $ |           |     | $ |                   |     | $ |           |
| Bills payable to banks |     |   |   852,550 |     |   |           860,952 |     |   | 1,713,502 |
| Short-term loans       |     |   |   800,000 |     |   |                 – |     |   |   800,000 |
|                        |     |   | 1,652,550 |     |   |           860,952 |     |   | 2,513,502 |

F-79 BAN LEONG TECHNOLOGIES LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Amounts in Singapore dollars (“$”)

| 9. | Accounts payable |

|               |     | As of March 31, |       2025 |     |   |       2024 |
|:--------------|:----|:----------------|-----------:|:----|:--|-----------:|
|               |     | $               |            |     | $ |            |
| Third parties |     |                 | 24,361,061 |     |   | 22,068,813 |
| GST payables  |     |                 |    280,271 |     |   |    143,455 |
|               |     |                 | 24,641,332 |     |   | 22,212,268 |

Accounts payable – third parties are non-interest bearing and have an average term of 30 to 60 days’ terms. Goods and Service Tax (“GST”) payables comprise output tax collected on sales and is offset by input tax claims on business purchases. The amount of GST payable to the taxation authority is included as part of payables in the statement of financial position. Included in accounts payable of the Company are amounts denominated in foreign currencies as follows:

|                       |     | As of March 31, |       2025 |     |   |       2024 |
|:----------------------|:----|:----------------|-----------:|:----|:--|-----------:|
|