Page 173 - KPJ_2011

26. Payables
Advances given by subsidiaries amounting to RM434.6 million (2010: RM242.8 million) are unsecured, bearing
effective weighted average interest rate of 3.35% (2010: 2.85%) per annum and shall be repaid within 7 years.
Amounts due to former ultimate holding corporation, subsidiaries and other related companies are unsecured,
interest free and have no mxed terms of repayment.
Credit terms of trade payables range from 30 to 60 days (2010: 30 to 60 days).
The currency exposure promle of payables is as follows:
Ringgit Malaysia 266,510 295,640 91,570 29,062
Singapore Dollar 5,095 9,530 - -
Indonesian Rupiah 14,132 2,937 - -
Australian Dollar 49,492 - - -
335,229 308,107 91,570 29,062
Group Company
2011
RM’000
2011
RM’000
2010
RM’000
2010
RM’000
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2011 (continued)
Non-current
Advances from subsidiaries - - 434,644 242,754
Current
Trade payables 244,724 186,690 - -
Other payables 38,840 97,508 17 504
Accruals 51,597 23,249 3,547 3,889
Amount due to former ultimate holding corporation 68 302 61 93
Amounts due to subsidiaries - - 87,895 24,526
Amounts due to former related companies - 358 50 50
Total current payables 335,229 308,107 91,570 29,062
Total payables 335,229 308,107 526,214 271,816
Add: Borrowings (Note 27) 443,471 399,423 65,000 299,000
Add: Deposits (Note 29) 14,785 13,782 - -
Total financial liabilities carried at amortised costs 793,485 721,312 591,214 570,816
Group Company
2011
RM’000
2011
RM’000
2010
RM’000
2010
RM’000
ANNUAL REPORT 2011 168