FGV Annual Report 2012

87 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 27 AMOUNTS DUE FROM/(TO) A SIGNIFICANT SHAREHOLDER, SUBSIDIARIES, JOINTLY CONTROLLED ENTITIES, ASSOCIATE AND OTHER RELATED COMPANIES (CONTINUED) Past due but not impaired As at 31 December 2012, RM1,496,000 (2011: RM Nil) of amounts due from jointly controlled entities, RM9,174,000 (2011: RM4,118,000) of amounts due from other related companies and RM827,000 (2011: RM2,182,000) of amounts due from other related companies for the Group and Company respectively were past due but not impaired. These relate to the recoverability of management fees where there is no expectation of default. The ageing analysis of these balances is as follows: Between Between Between Less than 30 and 61 and 91 days More than 30 days 60 days 90 days and 1 year 1 year past due past due past due past due past due Total RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group At 31 December 2012 Amounts due from jointly controlled entities – – 1,496 – – 1,496 Amounts due from other related companies 3,997 4,971 32 157 17 9,174 At 31 December 2011 Amounts due from other related companies 2,030 – 128 886 1,074 4,118 Company At 31 December 2012 Amounts due from other related companies 460 161 32 157 17 827 At 31 December 2011 Amounts due from other related companies 2,036 – – 116 30 2,182 Impaired and provided for Group As at 31 December 2012, there is no amount due from for the Group that was impaired and provided for. Company As at 31 December 2012, certain amounts due from subsidiaries amounting to RM684,000 (2011: RM684,000) of the Company was impaired and fully provided for. The impaired receivables mainly relate to the recoverability of management fees. Movement of the Company’s provision for impairment of amount due is as follows: Company 2012 2011 RM’000 RM’000 Amounts due from subsidiaries At 1 January/31 December 684 684 Amounts due from a significant shareholder, jointly controlled entity, associate and other related companies of RM884,295,000 (2011: RM44,520,000) of the Group and amounts due from significant shareholder, subsidiaries, associate and other related companies of RM154,154,000 (2011: RM196,495,000) of the Company are neither past due nor impaired as it yet to exceed the credit period.