FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 306 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 44 BORROWINGS (CONTINUED) The carrying amounts and fair value of the total borrowings are as follows: Group Carrying amount Fair value 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 Islamic short term trade financing 3,646,623 2,594,021 3,646,623 2,594,021 Short term trade financing 41,694 521,283 41,694 521,283 Islamic term loans 199,366 13,322 199,366 13,322 Term loans 1,026 418,650 1,026 400,533 Finance lease liabilities 2,423 3,143 2,423 3,143 Total 3,891,132 3,550,419 3,891,132 3,532,302 Company Carrying amount Fair value 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 Islamic short term trade financing 540,900 - 540,900 - 45 LOANS DUE TO A SIGNIFICANT SHAREHOLDER Group and Company 2016 RM'000 2015 RM'000 Unsecured: - Non-current 1,475,799 1,684,702 - Current 213,206 208,588 1,689,005 1,893,290 No early settlement of loans due to a significant shareholder was made during the financial year (2015: early settlement of RM100,000,000).