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Notes to the Consolidated Financial Statements31 December 2024ESR Group Limited Annual Report 2024207STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTS28.TRADE PAYABLES, ACCRUALS AND OTHER PAYABLES (continued)An aging analysis of the trade payables as at 31 December 2024 and 2023, based on the invoice date, is as follows:As at 31 DecemberAs at 31 December20242023US$%u2019000US$%u2019000Within 30 days8,02011,93930 to 60 days1,733156Over 60 days2,3911,586Total12,14413,681The amounts due to related parties are non-trade in nature, unsecured and payable on demand. As at 31 December 2024, the balance of US$454,000 (2023: US$410,000) bears an interest of 5.65% (2023: 6.10%) per annum. The remaining balance is interest free.29.DEFERRED TAXThe movements in deferred tax assets during the years ended 31 December 2024 and 2023 are as follows:Losses available for offsetting against future taxable profitsEmployee benefit payableAccrued expensesTransaction costs from acquisition of subsidiariesOthersTotalUS$%u2019000US$%u2019000US$%u2019000US$%u2019000US$%u2019000US$%u201900031 December 2024At 1 January 202442,7033,1384,07733,9495,00388,870Deferred tax credited/(charged) to profit or loss during the year8,5553024,253(15,486)4,1211,745Reclassification to assets of a disposal group held for sale(144)(130)(50)%u2013(115)(439)Disposal of subsidiaries%u2013%u2013%u2013%u2013(112)(112)Exchange realignment(2,902)(334)(554)(1,659)(480)(5,929)At 31 December 202448,2122,9767,72616,8048,41784,13531 December 2023At 1 January 202343,5772,9814,17546,0514,492101,276Deferred tax credited/(charged) to profit or loss during the year(771)99(31)(12,194)607(12,290)Exchange realignment(103)58(67)92(96)(116)At 31 December 202342,7033,1384,07733,9495,00388,870