Sasbadi Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS 104 SASBADI HOLDINGS BERHAD (1022660-T) I BER AD (10 2 60-T) 7. Other investments Group 2017 2016 RM’000 RM’000 Available-for-sale financial assets Club membership 37 37 Shares quoted in Malaysia 334 330 371 367 Market value of quoted investments 334 330 8. Inventories Group 2017 2016 RM’000 RM’000 At cost/net realisable value Raw materials 9,102 8,029 Finished goods 56,086 39,840 65,188 47,869 Recognised in profit or loss: Inventories recognised as cost of sales 24,011 29,763 Net reversal of write down to net realisable value (853) (1,356) Net reversal of write down of inventories The net reversal of write down of inventories was due to the Group’s ability to sell the written down inventories. 9. Trade and other receivables Group Company Note 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 Current Trade Trade receivables 48,650 46,516 - - Less: Impairment losses (1,697) (736) - - 46,953 45,780 - - Non-trade Amount due from subsidiaries 9.1 - - 15,783 24,118 Other receivables and deposits 9.2 7,169 5,909 2 4 7,169 5,909 15,785 24,122 54,122 51,689 15,785 24,122