KUB Malaysia Berhad Annual Report 2021

18. INVESTMENTS IN SUBSIDIARIES (cont’d) (a) Movement of cost of unquoted shares are as follows: Company 30.6.2021 31.12.2019 RM’000 RM’000 As at 1 January 234,354 256,004 Additional for the period/year (Note 18(d)(i)) 141,858 - Share capital reduction (Note 18(e)(i)) - (10,000) Disposal of a subsidiary (Note 18(d)(iii)) (10,000) - Write-off of investment in subsidiaries (Note 18(d)(iv)) and (Note 18(e)(iii)) (1,727) (11,650) As at 30 June/31 December 364,485 234,354 (b) Movement in impairment account for unquoted shares are as follows: Company 30.6.2021 31.12.2019 RM’000 RM’000 As at 1 January 34,572 46,222 Charge for the period/year (Note 9) 27,360 - Transfer from impairment of advances to subsidiaries (Note 18(c)) 136,858 - Write-off of investment in subsidiaries (Note 18(d)(iv)) and (Note 18(e)(iii)) (1,727) (11,650) As at 30 June/31 December 197,063 34,572 (c) Advances to subsidiaries The advances to subsidiaries have no fixed tenure and the Company does not expect repayment in the foreseeable future. Accordingly, the balances have been classified as part of investments in subsidiaries. Movement in advance to subsidiaries are as follows: Company 30.6.2021 31.12.2019 RM’000 RM’000 As at 1 January 207,390 213,468 Addition for the period/year 9,954 54 Transfer (to)/from amount due from subsidiaries (Note 23) (22,076) 8,993 Repayment for the period/year (44,773) (15,125) Capitalised during the period/year (Note 18(d)(i)) (141,858) - Disposal during the period/year (Note 18(d)(iii)) (8,637) - As at 30 June/31 December - 207,390 Movement in impairment account for advances to subsidiaries are as follows: Company 30.6.2021 31.12.2019 RM’000 RM’000 As at 1 January 145,193 160,272 Allowance of impairment (Note 9) 40 46 Transfer to impairment account for unquoted shares (Note 18(b) and (Note 18(d)(i)) (136,858) - Reversal of impairment on advances to subsidiaries (Note 18(d)(ii)) (8,375) (15,125) As at 30 June/31 December - 145,193 NOTES TO THE FINANCIAL STATEMENTS 106 KUB MALAYSIA BERHAD