KUB Malaysia Berhad Annual Report 2021

23. AMOUNT DUE FROM/(TO) SUBSIDIARIES Company 30.6.2021 31.12.2019 RM’000 RM’000 Non-current Amount due from subsidiaries 13,478 13,982 Less: Allowance for impairment losses (13,478) (13,982) - - Current Amount due from subsidiaries 3,051 9,946 Less: Allowance for impairment losses (1,107) (2,075) 1,944 7,871 Amount due to subsidiaries 589 715 During the financial period, amount due from subsidiaries of RM22,076,000 (31.12.2019: RM8,993,000) has been transferred from/(to) advances to subsidiaries as disclosed in Note 18(c). Upon the disposal of KUB Malua Plantation Sdn Bhd, the amount outstanding from the said company of RM18,561,000 has been written off. The amount due from/(to) subsidiaries are unsecured and bears interest at the market Base Lending Rate (‘BLR’) of 5.4% (31.12.2019: 6.90%) per annum and repayable on demand. Movement in allowance for impairment accounts are as follows: Company 30.6.2021 31.12.2019 RM’000 RM’000 As at 1 January 16,057 15,169 Charged for the period/year (Note 9) - 1,249 Reversal for the period/year (Note 9) (1,472) (361) As at 30 June/31 December 14,585 16,057 NOTES TO THE FINANCIAL STATEMENTS 112 KUB MALAYSIA BERHAD