2012 Annual Report - Media Prima Berhad

Media Prima Berhad
Notes to
the Financial Statements
for the financial year ended 31 December 2012
21 HIRE-PURCHASE AND LEASE CREDITORS (CONTINUED)
Finance lease liabilities are effectively secured as the rights to the leased assets revert to the lessors in the event of
default. The finance lease liabilities contain covenants which require a subsidiary to maintain minimum debt service
ratio.
As at 31 December 2012, the weighted average effective interest rate applicable to the lease liabilities as at the
financial year end is 3.98% (2011: 3.98%) per annum and interest for the financial year is fixed at 3.70% (2011:
3.70%) per annum for the Group. The entire balance is denominated in Ringgit Malaysia.
22 TRADE AND OTHER PAYABLES
Group
Company
2012 2011 1.1.2011 2012 2011 1.1.2011
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
Non-current:
Trade payables 279 409 409 – – –
Current:
Trade payables 59,800 53,782 60,000 – – –
Programme rights payables 8,661 11,764 14,737 1,694 2,555 3,652
68,461 65,546 74,737 1,694 2,555 3,652
Trade and other accruals 218,270 210,615 176,175 13,466 9,507 7,440
Other payables 46,395 41,938 42,903 1,069 1,178 2,328
Hire-purchase and lease
creditors (Note 21) 4,495 5,403 7,382 – – –
Deferred income 5,151 5,087 6,145 – – –
Charity or donor funds 1,784 3,396 2,827 – – –
Dividends payable 149 88,582 806 – 85,416 –
344,705 420,567 310,975 16,229 98,656 13,420
344,984 420,976 311,384 16,229 98,656 13,420
200
annual
report
2012