FGV Annual Report 2014
34 Cash and Cash Equivalents (continued) The fixed deposits, cash and bank balances are denominated as follows: Group Company 2014 2013 2014 2013 RM’000 RM’000 (Restated) RM’000 RM’000 Ringgit Malaysia 3,313,457 4,888,000 517,527 1,902,463 United States Dollar 200,324 107,515 – – Canadian Dollar 7,106 22,998 – – Indonesian Rupiah 32,483 7,269 – – Great Britain Pound 117,025 113 111,592 – Others 3,020 3,091 – – 3,673,415 5,028,986 629,119 1,902,463 The weighted average finance rates (per annum) of fixed deposits and bank balances that were effective at the financial year end were as follows: Group Company 2014 2013 2014 2013 % % % % – Licensed banks 2.30 1.94 2.96 2.88 – Licensed financial institutions 3.19 2.55 3.16 3.15 Fixed deposits as at 31 December 2014 for the Group and Company have average maturity periods of 90 days (2013: 90 days) and 30 days (2013: 90 days) respectively. Cash and bank balances are deposits held at call with banks. 35 Assets held for Sale and Liabilities related to Assets held for Sale The details of assets held for sale and liabilities related to assets held for sale are as follows: Group 2014 2013 RM’000 RM’000 Assets Property, plant and equipment 19,709 114,008 Biological assets 8,910 – Inventories – 24,578 Receivable – 16,677 Tax recoverable – 47 Deposit, cash and bank balances – 4,610 Assets held for sale 28,619 159,920 Felda Global Ventures Holdings Berhad pg 292 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014
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