''" TRADE#AND#OTHER#PAYABLES#(CONT’D") (c) Provisions The!movements!in!provisions!are!as!follows) !Provision! !Provision! !for! !for! !development! !foreseeable! !cost!(i)! !losses!(ii)! !Total! RM’""" RM’""" RM’""" Group At!#!January!+"+$ !.)%&,"! !&&%'')! !#'#%+))! Provision!during!the!financial!year! !'+%','! !+"%$#,! !(+%,#)! Reversal!of!provision!during!the!financial!year! !(##%'"') !(&.#) !(#+%#.&) Utilised!during!the!financial!year !(+"%.($) –! !(+"%.($) At!$#!December!+"+$ !#")%,"(! !.&%#,+! !#,#%",,!! At!#!January!+"++ !$$1&$+#! !%"&00%! !$0%&-#%! Provision!during!the!financial!year! !+%&-"+! !1&#-$! !1$&#$1! Reversal!of!provision!during!the!financial!year! !(1+&0##) !(+$+) !(11&#$+) Utilised!during!the!financial!year !(""&%%+) –! !(""&%%+) At!$#!December!+"++ !,1&%-#! !%%&//1! !$/$&"11! (i) Provision!for!development!costs Provision!for!development!costs!is!in!respect!of!development!projects!undertaken!by!its!subsidiaries!as!they!had!a!present! obligation!as!a!result!of!a!past!event!and!it!was!probable!that!an!outflow!of!resources!embodying!economic!benefits!will!be! required!to!settle!the!obligation' (ii) Provision!for!foreseeable!losses Provision!for!foreseeable!losses!represents!the!present!obligation!for!losses!expected!to!be!incurred!for!construction! contracts' 277 FINANCIAL STATEMENTS & OTHER INFORMATION
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