FGV Annual Report 2014

50 Payables Group Company 2014 2013 2014 2013 RM’000 RM’000 (Restated) RM’000 RM’000 Trade payables 475,477 468,737 – – Other payables and accruals 941,890 923,036 52,642 19,705 Amount due to customer on contracts (Note 51) 136 921 – – 1,417,503 1,392,694 52,642 19,705 The payables are denominated as follows: – Ringgit Malaysia 1,089,169 1,048,289 52,642 19,705 – United States Dollar 228,959 266,047 – – – Canadian Dollar 37,203 25,695 – – – Thai Baht 1,259 3,059 – – – Pakistan Rupee 4,911 1,386 – – – Indonesian Rupiah 4,551 4,568 – – – Great Britain Pound 50,400 43,510 – – – Others 1,051 140 – – 1,417,503 1,392,694 52,642 19,705 The credit terms of trade payables range up to 90 days (2013: up to 90 days). The fair value of the payables equal their carrying value, as the impact of discounting is not significant. 51 Construction Contracts Group 2014 2013 RM’000 RM’000 Cost incurred to date 43,704 40,155 Attributable profits less foreseeable losses 4,466 4,818 48,170 44,973 Less: Progress billings (42,072) (40,256) 6,098 4,717 Amounts due from customers on contracts (Note 27) 6,234 5,638 Amounts due to customers on contracts (Note 50) (136) (921) 6,098 4,717 Felda Global Ventures Holdings Berhad pg 310 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014