FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 283 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 26 RECEIVABLES Group Company 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 Non-current assets Deposits τ 15,932 371,906 - - Prepayment @ 91,729 87,419 - - 107,661 459,325 - - Current assets Trade receivables* 1,354,161 1,348,064 - - Less: Provision for impairment (44,563) (7,523) - - 1,309,598 1,340,541 - - Amounts due from customers on contracts (Note 52) 357 5,621 - - Total trade receivables 1,309,955 1,346,162 - - Other receivables # 277,259 246,100 9,339 4,182 Prepayments 34,655 30,201 331 330 Deposits ^ 46,551 125,890 12,597 6,732 Good and service tax ("GST") receivable 86,707 145,918 - - 1,755,127 1,894,271 22,267 11,244 Total 1,862,788 2,353,596 22,267 11,244 τ In previous financial year, non-current deposits included a deposit paid in connection with the acquisition of a piece of land owned by Golden Land Berhad and its four subsidiaries amounting to RM365,500,000. @ Included in non-current prepayments is a security deposit amounting to RM62,120,000 (2015: 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 are cooking oil subsidy receivable from Malaysian Palm Oil Board of RM17,258,000 (2015: RM17,139,000) and from Kementerian Perdagangan Dalam Negeri, Koperasi Dan Kepenggunaan of RM14,132,000 (2015: RM Nil). # Included in other receivables of the Group are deposit for CPO and sugar futures trading facilities amounting to RM115,445,000 (2015: RM61,261,000). ^ Included in current deposits of the Group are deposits for purchases of CPO amounting to RM11,315,000 (2015: RM19,501,000). Included in current deposits of the Group and of the Company are deposits in relation to insurance facilities amounting to RM9,868,000 (2015: RM4,000,000). In previous financial year, included in deposits of the Group are deposits relating to building of a sugar refinery for MSM Sugar Refinery (Johor) Sdn. Bhd. amounting to RM74,634,000.