Sasbadi Annual Report 2018

ANNUAL REPORT 2018 FINANCIAL STATEMENTS 113 14. Provisions Group 2018 2017 RM’000 RM’000 Sales returns At 1 September 1,203 1,062 Provision made during the year 122 335 Provision reversed during the year (233) (194) At 31 August 1,092 1,203 The Group has a formal policy for the provision of sales returns from customers. The estimated liabilities are made after taking into consideration the historical trends of sales returns. 15. Trade and other payables Group Company Note 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Trade Trade payables 7,299 8,646 - - Non-trade Amount due to a subsidiary 15.1 - - - 1 Other payables and accrued expenses 15.2 11,693 11,705 372 430 18,992 20,351 372 431 15.1 Amount due to a subsidiary Amount due to a subsidiary is non-trade in nature, unsecured, interest free and repayable on demand. 15.2 Other payables and accrued expenses Included in other payables and accrued expenses of the Group are accrued royalties payable of RM5,614,000 (2017: RM7,234,000). Included in other payables and accrued expenses of the Group and of the Company is an amount due to Directors of RM312,000 (2017: RM380,000). 16. Revenue Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Sale of goods 87,841 93,053 - - Dividend income - - 1,080 3,480 87,841 93,053 1,080 3,480