Connecting the nation. and Beyond. - ChartNexus

39 TRADE AND OTHER PAYABLES
Group Company
2011 2010 2011 2010
RM’000 RM’000 RM’000 RM’000
Trade payables 750,224 621,892 107,713 140,240
Amounts due to customers on contracts (Note 28) 7,973 10,041 2,671 48
Progress billings in respect of property development 1,669 14,184 – –
Amounts due to related parties – 1,600 – 1,600
Hire purchase creditors due within 12 months (Note 40) 535 806 – –
Other payables 236,206 163,207 57,932 55,595
Accruals 64,300 49,508 37,153 11,147
Accrued interest payable 8,179 27,673 825 769
1,069,086 888,911 206,294 209,399
Amounts due to subsidiaries 156,750 261,758
The amounts due to related parties are unsecured, interest free and have no fixed terms of repayment.
Credit terms of trade payables for the Group range from 14 days to 90 days (2010: 14 days to 90 days).
Credit terms of other payables for the Group range from 14 days to 90 days (2010: 14 days to 90 days).
The above trade and other payables balances are denominated in Ringgit Malaysia.
/ MRCB laporan tahunan 2011 / 239