108
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
25. TRADE PAYABLES, OTHER PAYABLES AND ACCRUED EXPENSES
Trade payables of the Group comprise amounts outstanding for trade purchases. The credit periods granted
to the Group for trade purchases range from 30 to 90 days (2013: 30 to 90 days). Included in trade payables
is RM59,363 (2013: Nil) owing to related parties.
Other payables and accrued expenses consist of:
The Group
The Company
2014
2013
2014
2013
RM
RM
RM
RM
Other payables
18,097,713 14,479,306
1,527,580
23,580
Accrued expenses
17,877,980 10,595,102
304,482
144,831
35,975,693 25,074,408
1,832,062
168,411
Included in accrued expenses are employee benefits as detailed below:
The Group
2014
2013
RM
RM
Fair value of plan assets (Note 19)
(4,210,596)
–
Present value of plan obligations (Note 19)
5,349,093
–
Past service cost not yet recognised
(906,875)
–
231,622
–
