27. Payables (CONT’D.)
Group
Company
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
Non-current
Others
Other payables
-
-
-
3,500
Defined benefit obligations (Note 28)
4,872
4,766
64
76
4,872
4,766
64
3,576
Total payables (current and non-current)
134,272
88,787
130,454
70,963
Total payables (current and non-current)
134,272
88,787
130,454
70,963
Add: Borrowings (Note 26)
914,522
840,915
734,522
660,864
Less: Defined benefit obligations (Note 28)
(4,872)
(4,766)
(64)
(76)
Less: Taxes payable (Note 27)
(11,333)
(3,131)
(4,316)
-
Total financial liabilities carried
at amortised cost
1,032,589
921,805
860,596
731,751
(a)
Trade and other payables
Trade and estate payables are on 30 to 60 days (2014: 30 to 60 days) payment terms and are non-interest
bearing.
Other payables are normally settled on average of 30 days (2014: 30 days) terms and are non-interest
bearing.
(b)
Related party balances
Loan from joint operation partner is unsecured, repayable on demand and bears interest at 3.5%
(2014: 3.25 to 3.5%) per annum.
Amount due to Immediate Holding Company is unsecured, interest free and repayable on demand.
Loans from wholly-owned and non-wholly owned Subsidiaries are unsecured, repayable on demand and
bear interest at 3.5% (2014: 3.25 to 3.5%) per annum.
Amounts due to Associates, related companies and current accounts of Subsidiaries are unsecured,
interest free and repayable on demand.
n otes to th e f i nan c i a l statements
Bo ustead plantati o ns Berhad
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