MSM Malaysia Holdings Berhad Annual Report 2020

24 INVENTORIES Group 2020 2019 RM’000 RM’000 At cost: - Raw materials 144,789 34,337 - Work-in-progress 22,276 25,157 - Finished goods 67,297 89,837 - Consumable stores 32,883 36,484 - Molasses 252 1,575 - Raw sugar in transit - 55,804 At net realisable value: - Raw materials - 30,683 - Work-in-progress 6,988 14,643 - Finished goods - 30,732 274,485 319,252 Write downs of inventories to net realisable value amounted to RM Nil (2019: RM49,432,000). These were recognised as an expense during the year and included in cost of sales in the statement of profit or loss (Note 11). 25 AMOUNTS DUE FROM/(TO) SUBSIDIARIES, OTHER RELATED COMPANIES, IMMEDIATE HOLDING COMPANY AND ULTIMATE HOLDING BODY Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Current assets Amounts due from: Subsidiaries - - 14,799 8,050 Less: impairment (Note 8) - - - (8) Other related companies 3,665 10,700 - 143 Less: impairment (Note 8) (3,200) (3,854) - - Immediate holding company 1,461 1,443 136 - 1,926 8,289 14,935 8,185 Current liabilities Amounts due to: Subsidiaries - - 751 680 Other related companies 1,643 2,059 4 61 Immediate holding company 12,503 14,246 6,096 5,852 Ultimate holding body 221 50 221 - 14,367 16,355 7,072 6,593 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 205 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 SUSTAINABILITY REPORT EFFECTIVE LEADERSHIP CORPORATE GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING