PRG Holdings Berhad Annual Report 2018

13. TRADE AND OTHER RECEIVABLES (continued) (e) No expected credit loss is recognised arising from other receivables as it is negligible. (f) Amounts owing by subsidiaries (i) The amounts owing by subsidiaries represent advances and payments made on behalf, which are unsecured, interest- free and payable upon demand in cash and cash equivalents. (ii) The non-current amount owing by a subsidiary of RM52,621,000 (2017: RM49,953,000) represents a loan, which is unsecured, bears interest at 6.36% (2017: 6.36%) per annum and is payable in cash and cash equivalents upon issuance of certificate for the completion for the development project. (g) Amounts owing by associates Included in amounts owing by associates of the Group are loans to an associate amounting to RM4,935,000 (2017: RM4,664,000), which are unsecured, bear interest at 3% (2017: 3%) per annum and are payable in cash and cash equivalents. The remaining amounts owing by associates represent advances and payments made on behalf, which are unsecured, interest-free and payable upon demand in cash and cash equivalents. (h) Amount owing by a joint venture The amount owing by a joint venture represents payments made on behalf and commission charges, which are unsecured, interest-free and payable upon demand in cash and cash equivalents. (i) Deposits for land acquisition In the previous financial year, deposits for land acquisition represent an amount of RM5,179,000 paid to Cash Key (Ipoh) Sdn. Bhd. (“Cash Key”) pursuant to the Mutual Agreement entered between Cash Key, SASB and Premier Construction Sdn. Bhd. for the proposed development of 213 parcels of land in Daerah Kinta, Perak. (j) Currency exposure profile The currency exposure profile of trade and other receivables (exclude deposits for land acquisition and prepayments) are as follows: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Ringgit Malaysia 47,452 62,550 50,730 16,954 United States Dollar 9,225 14,795 - - Vietnamese Dong 5,825 5,078 - - Hong Kong Dollar 1,968 7 - - Singapore Dollar 16,833 - - - Others 90 192 - - 81,393 82,622 50,730 16,954 (k) Information on financial risks of trade and other receivables is disclosed in Note 33 to the financial statements.  131 PRG HOLD I NGS BERHAD notes to the financial statements 31 December 2018 (continued)