FGV Annual Report 2014

27 Receivables Group Company 2014 2013 2014 2013 RM’000 RM’000 (Restated) RM’000 RM’000 Non-current assets Prepayment@ 68,617 69,544 – – Deposits ƒ 96,656 12,719 86,624 – Others – 2,178 – – 165,273 84,441 86,624 – Current assets Trade receivables* 833,416 1,011,606 – – Less: Provision for impairment (5,709) (5,529) – – 827,707 1,006,077 – – Amount due from customer on contracts (Note 51) 6,234 5,638 – – Total trade receivables 833,941 1,011,715 – – Other receivables # 164,041 213,391 1,157 3,079 Dividend receivable – – – 170,201 Prepayments 75,397 86,392 18,729 442 Deposits 16,031 40,039 194 190 1,089,410 1,351,537 20,080 173,912 Total 1,254,683 1,435,978 106,704 173,912 ƒ Included in the non-current assets as at 31 December 2014 is a deposit paid in connection with the proposed acquisition of a 100% equity interest in Felda Iffco South China Ltd, a subsidiary of Felda Iffco Sdn. Bhd., which is a joint venture of the Group amounting to RM86.62 million. The transaction is expected to be completed in 2015. @ Included in non-current prepayments is a security deposit amounting to RM62,120,000 (2013: RM62,120,000) paid to a significant shareholder under the LLA dated 1 November 2011, which shall be set off towards any payment of the lease amount prior to expiry or sooner determination of the LLA. * Included in trade receivables is cooking oil subsidy receivable from Malaysian Palm Oil Board of RM31,721,813 (2013: RM39,051,610). # Included in other receivables within current assets as at 31 December 2014 is an advance of RM35,435,000 (2013: Nil) made in respect of a broadband project of FELDA. Introduction Performance Highlights About FGV Reports Financial Statements Others Strategy and Value Creation Performance Review & Progress Foreword to Shareholders Annual General Meeting Annual Report 2014 pg 277