Schedule of loans and borrowings

Loans and borrowings comprise the convertible promissory notes originally issued by QIND ($1,934k; 31 December 2025: $2,066k). At 30 June 2026, all of the notes had passed their maturity date and remained unpaid, and the full carrying amount is classified as current. Accrued interest on the notes of $560k is presented within cost accruals (Note 22). The reduction in the period reflects conversions into QIND common stock and repayments. On 10 July 2026, QIND entered into a forbearance agreement in respect of two of the notes (Note 28).