FORGING AHEAD - Tradewinds Plantation Berhad

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FINANCIAL STATEMENTS
NOTES TO THE FINANCIAL STATEMENTS
31 DECEMBER 2010
27. TRADE AND OTHER PAYABLES (continued)
(d) The amounts owing to subsidiaries comprise the following:
TRADEWINDS PLANTATION BERHAD
Annual Report 2010
Company
2010 2009
RM’000 RM’000
Advances from subsidiaries (interest bearing) 482,497 420,780
Due to subsidiaries 5,340 5,160
487,837 425,940
The advances from subsidiaries in other payables are unsecured, bear interest at 2.75% (2009: 2.00% to 5.50%)
per annum at the end of the reporting period except for an amount of RM35,000,000 (2009: RM25,000,000)
which bears interest at 4.95% (2009: 4.85%) per annum. The advances are payable on demand in cash and cash
equivalents.
The amounts due to subsidiaries in other payables are unsecured, interest-free and payable on demand in cash and
cash equivalents.
(e) The amount owing to a related company in other payables is unsecured, interest-free and payable on demand in cash
and cash equivalents.
(f) The amount owing to a subsidiary of a jointly controlled entity in other payables is unsecured, interest-free and payable
on demand in cash and cash equivalents.
(g) The amounts owing to minority shareholders in other payables are unsecured, interest-free and payable on demand in
cash and cash equivalents.