FORGING AHEAD - Tradewinds Plantation Berhad

Recommendations

Info

168 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2010 13. GOODWILL ON CONSOLIDATION (continued) (a) Key assumptions used in value in use calculations (continued) Based on these calculations, the Directors are of the view that no additional impairment loss is required during the financial year as the recoverable amount determined is higher than the carrying amounts of the CGUs. (b) Sensitivity to changes in assumptions The management believes that there is no reasonably possible change in the key assumptions on which management has based its determination of the CGU’s recoverable amount which would cause the CGU’s carrying amount to materially exceed its recoverable amount. 14. INVENTORIES TRADEWINDS PLANTATION BERHAD Annual Report 2010 Group 2010 2009 RM’000 RM’000 At cost Oil palm products 20,726 29,302 Consumables 11,443 12,047 Nurseries 7,868 15,541 Cattle 2,467 3,027 42,504 59,917 At net realisable value Cattle 767 694 43,271 60,611 The write-down of inventories to net realisable value amounted to RM209,000 (2009: RM173,000) and is included in the statements of comprehensive income.
15. TRADE AND OTHER RECEIVABLES FINANCIAL STATEMENTS Group Company 2010 2009 2010 2009 RM’000 RM’000 RM’000 RM’000 Trade receivables Third parties 101,884 68,367 - - Related parties 8,852 27,166 - - Related company 4,027 4,282 - - Subsidiary of the jointly controlled entity 2,228 873 - - 116,991 100,688 - - Other receivables, deposits and prepayments Amounts owing by subsidiaries - - 646,645 576,561 Amount owing by a related company 13 1 12 - Amount owing by a subsidiary of a jointly controlled entity 11,951 1,320 11,856 1,307 Amount owing by an associate - 893 - - Other receivables 5,821 6,808 159 348 Deposits 1,681 877 346 81 Prepayments 903 519 355 - 20,369 10,418 659,373 578,297 137,360 111,106 659,373 578,297 (a) The credit terms offered by the Group in respect of trade receivables range from 7 to 30 days (2009: 7 to 30 days) from date of invoice. (b) The amounts owing by related parties, a related company and a subsidiary of the jointly controlled entity in trade receivables are subject to normal trade terms. TRADEWINDS PLANTATION BERHAD Annual Report 2010 169
Page 1 and 2:
Level 9, Menara HLA No. 3, Jalan Ki
Page 3:
CORPORATE GOVERNANCE 56 Statement o
Page 6 and 7:
4 STATUTORY REPORTING NOTICE OF ANN
Page 8 and 9:
NOTICE OF ANNUAL GENERAL MEETING AN
Page 10 and 11:
8 STATUTORY REPORTING STATEMENT ACC
Page 12 and 13:
GROUP FINANCIAL HIGHLIGHTS 2010 200
Page 14:
STRATEGIC INVESTMENTS We will remai
Page 18 and 19:
16 CORPORATE INFORMATION FINANCIAL
Page 20 and 21:
18 CORPORATE INFORMATION CORPORATE
Page 22 and 23:
20 CORPORATE INFORMATION BOARD OF D
Page 24 and 25:
Page 26 and 27:
Page 28 and 29:
26 CORPORATE INFORMATION TRADEWINDS
Page 30 and 31:
28 CORPORATE INFORMATION MANAGEMENT
Page 32 and 33:
30 CORPORATE INFORMATION GROUP CORP
Page 35:
STRATEGIC DIVERSIFICATIONS Through
Page 38 and 39:
36 PERFORMANCE REVIEW CHAIRMAN’S
Page 40 and 41:
Page 42 and 43:
Page 44 and 45:
Page 46 and 47:
44 PERFORMANCE REVIEW BuSINESS REvI
Page 48 and 49:
BuSINESS REvIEW By CHIEF EXECuTIvE
Page 50 and 51:
Page 52 and 53:
Page 54:
STRATEGIC EXPERTISE As our sights a
Page 58 and 59:
56 CORPORATE GOVERNANCE STATEMENT O
Page 60 and 61:
Page 62 and 63:
Page 64 and 65:
DIRECTORS’ REMUNERATION The remun
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
68 CORPORATE GOVERNANCE AUDIT COMMI
Page 72 and 73:
AUTHORITY The Audit Committee shall
Page 74 and 75:
72 CORPORATE GOVERNANCE ADDITIONAL
Page 76 and 77:
74 CORPORATE GOVERNANCE ADDITIONAL
Page 78:
STRATEGIC INNOVATIONS We are commit
Page 82 and 83:
80 CORPORATE SOCIAL RESPONSIBILITY
Page 84 and 85:
Page 86 and 87:
Page 88 and 89:
Page 90:
STRATEGIC REACH We are increasing t
Page 93 and 94:
DIRECTORS’ REPORT The Directors h
Page 95 and 96:
DIRECTORS’ BENEFITS Since the end
Page 97 and 98:
SIGNIFICANT EVENTS DURING THE FINAN
Page 99 and 100:
STATEMENT BY DIRECTORS In the opini
Page 101 and 102:
REPORT ON OTHER LEGAL AND REGULATOR
Page 103 and 104:
LIABILITIES Non-current liabilities
Page 105 and 106:
Group Company 2010 2009 2010 2009 (
Page 107 and 108:
Equity Share Share component Retain
Page 109 and 110:
CASH FLOWS FROM INVESTING ACTIVITIE
Page 111 and 112:
NOTES TO THE FINANCIAL STATEMENTS 3
Page 113 and 114:
4. SIGNIFICANT ACCOUNTING POLICIES
Page 115 and 116:
Page 117 and 118:
Page 119 and 120: 4. SIGNIFICANT ACCOUNTING POLICIES
Page 133 and 134: 5. ADOPTION OF NEW FRSs AND AMENDME
Page 149 and 150: 6. SIGNIFICANT ACCOUNTING ESTIMATES
Page 151 and 152: 6. SIGNIFICANT ACCOUNTING ESTIMATES
Page 153 and 154: 7. PROPERTY, PLANT AND EQUIPMENT (c
Page 161 and 162: 9. INVESTMENTS IN SUBSIDIARIES (con
Page 167 and 168: 11. INVESTMENT IN A JOINTLY CONTROL
Page 169: 13. GOODWILL ON CONSOLIDATION At co
Page 173 and 174: 15. TRADE AND OTHER RECEIVABLES (co
Page 175 and 176: 17. NON-CURRENT ASSETS HELD FOR SAL
Page 177 and 178: 19. RESERVES (continued) (c) Supple
Page 179 and 180: 21. BORROWINGS Current liabilities
Page 181 and 182: 24. IRREDEEMABLE CONVERTIBLE UNSECU
Page 183 and 184: 25. ISLAMIC DEBT SECURITIES - SECUR
Page 185 and 186: 26. DEFERRED TAX (continued) Recogn
Page 187 and 188: 27. TRADE AND OTHER PAYABLES Trade
Page 189 and 190: 28. REVENUE Group Company 2010 2009
Page 191 and 192: 30. PROFIT BEFORE TAX (continued) A
Page 193 and 194: 32. EARNINGS PER ORDINARY SHARE ATT
Page 195 and 196: 34. ACQUISITION OF SUBSIDIARIES 201
Page 197 and 198: 34. ACQUISITION OF SUBSIDIARIES (co
Page 199 and 200: 35. OPERATING SEGMENTS (continued)
Page 201 and 202: 35. OPERATING SEGMENTS (continued)
Page 203 and 204: 36. FINANCIAL INSTRUMENTS (continue
Page 205 and 206: 36. FINANCIAL INSTRUMENTS (continue
Page 207 and 208: 37. FINANCIAL RISk MANAGEMENT OBJEC
Page 213 and 214: 38. RELATED PARTY DISCLOSURES (cont
Page 215 and 216: 38. RELATED PARTY DISCLOSURES (cont
Page 217 and 218: 42. SIGNIFICANT EVENTS SUBSEQUENT T
Page 219 and 220: 44. OPENING STATEMENT OF FINANCIAL
Page 221 and 222:
PLANTATION REvIEW OIL PALM 2010 200
Page 223 and 224:
mATERIAL PROPERTIES Of TRADEWINDS P
Page 225 and 226:
Company/ Location/Address HS(D) 389
Page 227 and 228:
Company/ Location/Address Country L
Page 229 and 230:
Company/ Location/Address Lot No. 0
Page 231 and 232:
ANALySIS Of SHAREHOLDINgS AS AT 25
Page 233 and 234:
LIST OF THIRTY (30) LARGEST SHAREHO
Page 235 and 236:
ANALySIS Of IRREDEEmABLE cONvERTIBL
Page 237 and 238:
SUBSTANTIAL ICULS HOLDER Name Direc
Page 239 and 240:
SOUTHERN PENINSULAR REGION Regional
Page 241 and 242:
MIRI REGION Regional Office c/o Lad
Page 243 and 244:
Proxy Form I / We _________________
show all

FORGING AHEAD - Tradewinds Plantation Berhad

Create successful ePaper yourself

Delete template?

Save as template?