Annual Report 2016
103
12. Trade and other receivables (Cont’d)
12.2 Other receivables
i) Included in non-current other receivables of the Group are advances for plasma plantation projects in
Indonesia amounting to RM6,422,000 (2015: RM5,190,000).
The advances made by the Group in the form of plasma plantation development costs are recoverable from
the plasma farmers upon the completion and handover of the plasma plantation projects to plasma farmers.
These advances are recoverable from plasma farmers or through bank loans obtained by plasma farmers.
Impairment losses are made when the estimated amount recoverable is less than the outstanding advances.
ii) Included in current other receivables of the Group are advances made to suppliers of certain subsidiaries
amounting to RM32,534,000 (2015: RM37,409,000) to secure the constant source of raw material supplies
for the manufacturing activities. The amount is net of impairment loss on advances to suppliers debts,
unsecured, interest free and repayment is substantially made through the supply of raw materials.
12.3 Trade receivables
Included in the trade receivables of the Group are the following amounts due from related parties:
Group
2016 2015
RM’000 RM’000
A person connected with a Director of a subsidiary 294 275
Companies in which certain Directors of the subsidiaries have interests 10,315 9,636
10,609 9,911
The amounts due from related parties are subject to normal trade credit terms.
13. Inventories
Group
2016 2015
RM’000 RM’000
At cost:
Raw materials 97,297 82,471
Manufactured and trading inventories 276,470 252,095
373,767 334,566
At net realisable value:
Manufactured and trading inventories 1,484 42
375,251 334,608
Notes to the Financial Statements
(Cont’d.)
