Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 263

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 263
---
 October 
 31,  2024 |
|:--------------------------------------|:----|----------:|:----|----------:|:----|----------:|
|                                       |     |       SGD |     |       SGD |     |       USD |
| Expense relating to short-term leases |     |         - |     |    85,860 |     |    64,898 |
| Depreciation of leasehold             
 property                              
 and motor vehicles                    |     |    19,143 |     |    16,404 |     |    12,399 |
| Interest expense on lease liabilities |     |     5,855 |     |     5,637 |     |     4,261 |
|                                       |     |    24,998 |     |   107,901 |     |    81,558 |

| (d) | Total         
 cash outflows |

For the six months ended October 31, 2023 and 2024, the Group had total cash outflows for leases of SGD12,453 and SGD101,991 respectively.

| F-73 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

NOTES TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

| 13. | Deferred        
 tax liabilities |

Movements in deferred tax liabilities during the financial year/period were as follows:

|                                               |     |          At 
 May 1, 2023 |     | Recognized        
 in profit or loss |   |     |                 At 
 May 1, 2024/ April 
           30, 2024 |     |        Recognized 
 in profit or loss |     |               At 
 October 31, 2024 |     |               At 
 October 31, 2024 |
|:----------------------------------------------|:----|------------:|:----|:------------------|:--|:----|-------------------:|:----|------------------:|:----|-----------------:|:----|-----------------:|
|                                               |     |         SGD |     | SGD               |   |     |                SGD |     |               SGD |     |              SGD |     |              USD |
| Deferred tax liabilities                      |     |             |     |                   |   |     |                    |     |                   |     |                  |     |                  |
| Excess of net book value of