FGV Annual Report 2014

28 Amounts due from/(to) a Significant Shareholder, Subsidiaries, Joint Ventures, an Associate and other Related Companies (continued) The credit quality of related companies that are neither past due nor impaired can be assessed to historical information about counterparty default rates: Group Company 2014 2013 2014 2013 RM’000 RM’000 RM’000 RM’000 Amounts due from a significant shareholder Group 2 58,855 64,086 2,308 377 Amounts due from subsidiaries Group 2 – – 101,761 58,584 Amounts due from joint ventures Group 2 292,028 395,062 – – Amounts due from an associate Group 2 36 37 – – Amounts due from other related companies Group 2 55,379 17,304 5 2 Total unimpaired amounts from related parties 406,298 476,489 104,074 58,963 Group 1 – new related parties (less than 6 months) Group 2 – existing related parties (more than 6 months) with no defaults in the past. Group 3 – existing related parties (more than 6 months) with some defaults in the past. All defaults were fully recovered. The fair value of the amounts due from a significant shareholder, subsidiaries, joint ventures, an associate and other related companies are equal their carrying value, as the impact of discounting is not significant. Felda Global Ventures Holdings Berhad pg 284 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014