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FORGING AHEAD - Tradewinds Plantation Berhad

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170<br />

FINANCIAL STATEMENTS<br />

NOTES TO THE FINANCIAL STATEMENTS<br />

31 DECEMBER 2010<br />

15. TRADE AND OTHER RECEIVABLES (continued)<br />

(c) The amounts owing by subsidiaries in other receivables comprise the following:<br />

TRADEWINDS PLANTATION BERHAD<br />

Annual Report 2010<br />

Company<br />

2010 2009<br />

RM’000 RM’000<br />

Advances to subsidiaries (interest bearing) 604,863 532,098<br />

Due from subsidiaries 43,618 46,299<br />

Less: Impairment loss (1,836) (1,836)<br />

41,782 44,463<br />

646,645 576,561<br />

The advances to subsidiaries are unsecured, bear interest at 5.50% (2009: 5.20% to 5.50%) per annum at the end of<br />

the reporting period and are payable on demand in cash and cash equivalents.<br />

The amounts due from subsidiaries are unsecured, interest-free and payable on demand in cash and cash equivalents.<br />

(d) The amount owing by a related company in other receivables is unsecured, interest-free and payable on demand in<br />

cash and cash equivalents.<br />

(e) The amount owing by a subsidiary of a jointly controlled entity in other receivables is unsecured, interest-free and<br />

payable on demand in cash and cash equivalents.<br />

(f) The amount owing by an associate in other receivables in the previous financial year was unsecured, interest-free and<br />

payable on demand in cash and cash equivalents.

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