104
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
20. AMOUNTS OWING BY/TO SUBSIDIARIES
The Company
2014
2013
RM
RM
Amount owing by:-
Advances
39,801,180
40,887,700
Non-trade balances
5,834,561
5,584,561
45,635,741
46,472,261
Allowance for impairment losses
(1,498,371)
(1,512,994)
44,137,370
44,959,267
Amount owing to:-
Advances
2,715,810
2,663,854
Non-trade balances
12,422,503
3,030,758
15,138,313
5,694,612
Allowance for impairment losses:-
At beginning of the year
(1,512,994)
(1,512,994)
Reversal during the financial year
14,623
–
At end of the year
(1,498,371)
(1,512,994)
The amounts owing by/to the subsidiaries arose mainly from unsecured advances and payments made
on behalf. The amount arising from unsecured advances bear interest at 3% (2013: 3%) per annum and is
repayable on demand whilst the amount arising from payments made on behalf is interest-free.
21. SHARE CAPITAL
The Company
2014
2013
2014
2013
Number of shares
RM
RM
Ordinary shares of RM0.10 each:
Authorised
At beginning/end of year
5,000,000,000 5,000,000,000 500,000,000 500,000,000
Issued and fully paid-up
At beginning/end of year
1,011,408,160 1,011,408,160 101,140,816 101,140,816
