33 PAYABLES Group Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Current liabilities: Trade payables 5,339 5,905 - - Other payables 59,321 43,205 4,119 210 Accruals 232,846 99,809 2,401 2,318 Unpaid balance for acquisition of property, plant and equipment (Note 36) 3,728 8,172 - - Total payables 301,234 157,091 6,520 2,528 Trade payables carry credit periods between 30 to 60 days (2020: 30 to 60 days). The fair value of the payables approximates their carrying value, as the impact of discounting is not significant. The payables are denominated as follows: Group Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 - Ringgit Malaysia 300,863 151,634 6,520 2,528 - United States Dollar 371 5,141 - - - Pound Sterling - 316 - - 301,234 157,091 6,520 2,528 NOTESTOTHE FINANCIAL STATEMENTS FORTHE FINANCIALYEAR ENDED 31 DECEMBER 2021 WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOWWE OPERATE MSM Malaysia Holdings Berhad ANNUAL INTEGRATED REPORT 2021 358
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