| ANNUAL REPORT 2015
166
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015 (cont’d)
23. TRADE AND OTHER PAYABLES
Group
Company
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
Non-current liabilities
Other payables
4,893
5,125
4,893
5,125
Current liabilities
Trade payables
Third parties
31,351
20,701
-
-
Other payables, deposits and accruals
Amounts owing to subsidiaries
-
-
6,071
-
Other payables
17,248
16,532
1,960
1,743
Deposits
1,396
1,482
-
-
Accruals
48,457
47,252
4,371
6,438
67,101
65,266
12,402
8,181
98,452
85,967
12,402
8,181
103,345
91,092
17,295
13,306
(a) Non-current other payables of the Group and of the Company represent deferred consideration for the acquisition of a
subsidiary, Jeco (Pte) Limited in the previous financial years. The amount is unsecured and interest-free. This amount is
initially recognised at fair value based on method disclosed in Note 36(c)(iv) to the financial statements.
(b) Trade payables are non-interest bearing and the normal trade credit terms granted to the Group range from 30 to 90 days
(2014: 30 to 90 days).
(c) Amounts owing to subsidiaries represent advances and payments made on behalf, which are unsecured, interest-free and
payable upon demand in cash and cash equivalents.
(d) Information on the financial risks of trade and other payables is disclosed in Note 37 to the financial statements.
(e) The currency exposure profile of payables are as follows:
Group
Company
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
Ringgit Malaysia
42,590
39,239
10,518
6,510
Chinese Renminbi
1,473
149
-
-
Indonesia Rupiah
11,827
1,049
-
-
Hong Kong Dollar
597
1,430
-
-
Singapore Dollar
43,981
46,155
6,777
6,796
U.S. Dollar
884
2,863
-
-
Vietnamese Dong
1,761
-
-
-
Others
232
207
-
-
103,345
91,092
17,295
13,306
