Yinson Annual Report 2019

Yinson Holdings Berhad ANNUAL REPORT 2019 190 36. TRADE AND OTHER PAYABLES (CONTINUED) Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Non-current: Other payables Due to subsidiaries – – 584,382 382,981 Deferred income 355,344 361,783 – – 355,344 361,783 584,382 382,981 Total trade and other payables 735,170 693,476 590,486 389,331 (a) Trade payables Trade payables are non-interest bearing and the general credit terms granted to the Group is 30 (2018: 30) 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 RM46,084,000 (2018: RM92,567,000). (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 RM584,382,000 (2018: RM382,981,000), which bears interest of 7.18% to 8.02% (2018: 6.60% to 7.22%). For the financial year ended 31 January 2019 Notes to the financial statements (cont’d)