WCT-Page 30 to ProxyForm (2.4MB).pdf - Announcements - Bursa ...

19. OTHER PAYABLES
WCT Berhad (66538-K)
annual report 2011
Group Company
2011 2010 2011 2010
RM'000 RM'000 RM'000 RM'000
Current
Sundry payables 37,535 27,489 3,049 530
Accruals 49,057 61,129 5,260 8,510
Provision for foreseeable losses 44,704 44,704 35,767 35,767
Advances received from customers on contracts 195,708 24,488 166,476 -
Advances from a minority shareholder of a subsidiary
Advances from shareholders of jointly controlled
19,056 19,209 - -
entities 35,135 37,865 - -
Others 15,248 13,469 365 548
396,443 228,353 210,917 45,355
Non-current
Sundry payables 195,618 174,710 - -
Advances received from customers on contracts 140,491 51,831 84,971 -
336,109 226,541 84,971 -
732,552 454,894 295,888 45,355
All amounts due under other payables are unsecured, non-interest bearing and are repayable on demand. All
amounts are to be settled in cash except for the advances on contracts which will be set off against progress billings to
customers.
Details of other payables subject to arbitration proceedings are disclosed in Note 51.
141
NOTES TO THE FINANCIAL STATEMENTS
31 December 2011
cont’d