FGV Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 280 FGV HOLDINGS BERHAD EXAMINED OUR NUMBERS 28 AMOUNTS DUE FROM/(TO) A SIGNIFICANT SHAREHOLDER, SUBSIDIARIES, JOINT VENTURES, AN ASSOCIATE AND OTHER RELATED COMPANIES (CONTINUED) Past due but not impaired (continued) Company Less than 30 days past due RM’000 Between 30 and 60 days past due RM’000 Between 61 and 90 days past due RM’000 Between 91 days and 1 year past due RM’000 More than 1 year past due RM’000 Total RM’000 At 31 December 2017 Amounts due from subsidiaries 129,028 17,084 3,348 41,536 583,528 774,524 Amounts due from other related companies - - - 15 215 230 129,028 17,084 3,348 41,551 583,743 774,754 At 1 January 2017 Amounts due from subsidiaries - 4,318 12,012 583,306 10,215 609,851 Amounts due from other related companies - - - 203 13 216 - 4,318 12,012 583,509 10,228 610,067 Impaired and provided for As at 31 December 2018, certain amounts due from a significant shareholder, subsidiaries, joint ventures and other related companies amounting to RM139,512,000 (2017: RM37,254,000) and RM12,221,000 (2017: RM4,717,000) of the Group and of the Company respectively were impaired and fully provided for. The individually impaired amounts due from a significant shareholder, other related companies, joint ventures and subsidiaries mainly relate to debtors that are having financial difficulties and have defaults on payments. The individually impaired amounts due from joint ventures relate to expected collection shortfall from a power plant operating joint venture arising from its delay in achieving its required plant capacity factor.