FGV Annual Report 2014

28 Amounts due from/(to) a Significant Shareholder, Subsidiaries, Joint Ventures, an Associate and other Related Companies (continued) Impaired and provided for Group As at 31 December 2014, certain amount due from a significant shareholder amounting to RM2,066,000 (2013: Nil) of the Group was impaired and fully provided for. Movement of the Group’s provision for impairment of amount due from is as follows: Group 2014 2013 RM’000 RM’000 Amount due from a significant shareholder At 1 January – – Charged to profit or loss 2,066 – At 31 December 2,066 – Company As at 31 December 2014, certain amounts due from subsidiaries amounting to RM684,000 (2013: 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 from is as follows: Company 2014 2013 RM’000 RM’000 Amounts due from subsidiaries At 1 January/31 December 684 684 Amounts due from a significant shareholder, joint ventures, associate and other related companies of RM406,298,000 (2013: RM476,489,000) of the Group and amounts due from significant shareholder, subsidiaries, associate and other related companies of RM104,074,000 (2013: RM58,963,000) of the Company are neither past due nor impaired as it yet to exceed the credit period. 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 283