Yinson Annual Report 2018

24. TRADE AND OTHER RECEIVABLES Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Current: Trade receivables Third parties 214,980 60,729 – – Joint ventures 14,069 284 – – Associates 334 4,816 – – Directors’ related companies 1,609 252 – 252 230,992 66,081 – 252 Allowance for impairment (7,272) (7,454) – – 223,720 58,627 – 252 Other receivables Refundable deposits 25,168 25,039 517 344 Sundry receivables 120,324 39,205 5,769 193 Due from subsidiaries: - bearing interest of KLIBOR + 3.00% p.a. – – 62,054 82,985 - non-interest bearing – – 9,185 76,934 Due from joint ventures 23,257 63,969 1 59,684 Due from associates 40 3,441 40 163 168,789 131,654 77,566 220,303 Allowance for impairment (23,469) (23,469) – – 145,320 108,185 77,566 220,303 369,040 166,812 77,566 220,555 Non-current: Other receivables Loans to subsidiaries - bearing interest of KLIBOR + 3.00% p.a. – – 527,366 407,440 - non-interest bearing – – 49,883 – Due from a joint venture 6,497 10,165 6,497 10,165 6,497 10,165 583,746 417,605 Total trade and other receivables 375,537 176,977 661,312 638,160 Trade receivables are non-interest bearing and are generally on 30 to 120 (2017: 30 to 120) day terms. They are recognised at their original invoice amounts which represent their fair values on initial recognition. Corporate Overview Stewardship Governance Accountability 157 Yinson Holdings Berhad Annual Report 2018