Yinson Annual Report 2018

Notes to the Financial Statements (Cont’d) For the financial year ended 31 January 2018 36. TRADE AND OTHER PAYABLES Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Current: Trade payables Third parties 30,302 15,869 – – Other payables Due to directors 1,040 600 1,040 600 Due to subsidiaries – – 612 6,323 Due to joint ventures 4,436 758 – – Due to associates 595 2,130 590 552 Directors’ related companies 56 32 56 32 Sundry payables 82,495 158,974 577 4,108 Accruals 104,539 121,344 3,475 517 Deferred income 27,121 – – – Deposit 81,109 60 – – 301,391 283,898 6,350 12,132 331,693 299,767 6,350 12,132 Non-current: Other payables Due to subsidiaries – – 382,981 353,507 Deferred income 361,783 – – – 361,783 – 382,981 353,507 Total trade and other payables 693,476 299,767 389,331 365,639 (a) Trade payables Trade payables are non-interest bearing and the credit terms granted to the Group range from 30 to 120 (2017: 30 to 120) days. (b) Other payables - current All other payables are unsecured, non-interest bearing and are repayable on demand. Included in the Group’s sundry payables and accruals are related to capital expenditures incurred for the construction of a vessel amounting to RM65,431,000 and RM27,136,000 (2017: RM152,692,000 and RM58,810,000) respectively. (c) Other payable - non-current Amounts due to subsidiaries are unsecured and the Company has discretion to defer the settlement for at least 12 months from the balance sheet date. Included in the amounts due to subsidiaries is an interest-bearing loan of approximately RM382,981,000 (2017: RM353,507,000), which bears interest of 6.60% to 7.22% (2017: 3.40% to 8.13%). 170 Yinson Holdings Berhad Annual Report 2018 Accountability

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