FGV Annual Report 2012

85 F i n a n c i a l S t a t e m e n t s 2 0 1 2 P e n y a t a K e w a n g a n 26 RECEIVABLES (continued) Impaired and provided for As at 31 December 2012, no receivables were impaired and provided for (2011: RM79,000). The individually impaired receivables in 2011 mainly relate to the recoverability of receivables from the discontinued operations and certain refundable deposits. Movement of the Group’s provision for impairment of receivables are as follows: Group 2012 2011 RM’000 RM’000 At 1 January 79 375 (Credited)/charged to profit or loss (79) 79 Amount written off – (385) Currency translation differences – 10 At 31 December – 79 As at 31 December 2012, there are no receivables of the Company that was impaired and provided for. Receivables balances of RM504,310,000 (2011: RM205,123,000) and RM299,314,000 (2011: RM6,906,000) of the Group and of the Company are neither past due nor impaired as they have yet to exceed the credit period. These balances mainly relate to external parties with no recent history of default. 27 AMOUNTS DUE FROM/(TO) A SIGNIFICANT SHAREHOLDER, SUBSIDIARIES, JOINTLY CONTROLLED ENTITIES, ASSOCIATE AND OTHER RELATED COMPANIES Group Company 2012 2011 2012 2011 RM’000 RM’000 RM’000 RM’000 Amounts due from Significant shareholder 73,091 – 52,442 – Subsidiaries – non-current – – – 6,910 – current – – 39,447 190,269 Jointly controlled entities 318,224 45,520 – – Other related companies 503,650 4,118 63,776 2,182 894,965 49,638 155,665 199,361 Amounts due to Significant shareholder 93,826 – 66 – Subsidiaries – – 78,676 62,389 Associate 69,510 21 69,510 21 Jointly controlled entity – 35,091 – – Other related companies 755,023 217,699 1,430 1,235 918,359 252,811 149,682 63,645