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FORGING AHEAD - Tradewinds Plantation Berhad

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27. TRADE AND OTHER PAYABLES<br />

Trade payables<br />

Group Company<br />

2010 2009 2010 2009<br />

RM’000 RM’000 RM’000 RM’000<br />

Third parties 47,096 64,426 - -<br />

Related party - 260 - -<br />

Other payables<br />

FINANCIAL STATEMENTS<br />

47,096 64,686 - -<br />

Amount owing to holding company 411 741 411 740<br />

Amounts owing to subsidiaries - - 487,837 425,940<br />

Amount owing to a related company 135 150 - 103<br />

Amount owing to a subsidiary of a jointly controlled entity 6 10 - -<br />

Amounts owing to minority shareholders 14,415 14,415 - -<br />

Other payables 52,936 50,497 3,220 920<br />

Accruals 33,807 13,315 3,676 1,208<br />

Interest payable on ICULS 4,000 4,000 4,000 4,000<br />

105,710 83,128 499,144 432,911<br />

152,806 147,814 499,144 432,911<br />

(a) The credit terms available to the Group in respect of trade payables range from 30 to 90 days (2009: 30 to 90 days)<br />

from date of invoice.<br />

(b) The amount due to a related party in trade payables in the previous financial year was subject to normal trade terms.<br />

(c) The amount owing to holding company in other payables is unsecured, interest-free and payable on demand in cash<br />

and cash equivalents.<br />

TRADEWINDS PLANTATION BERHAD<br />

Annual Report 2010<br />

185

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