323 ANNUAL REPORT 2022 ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2022 35. Trade and other payables Group Company 2022 2021 2022 2021 RM million RM million RM million RM million Current: Trade payables Third parties 202 178 - - Other payables Due to directors 22 7 22 7 Due to subsidiaries - - 196 152 Sundry payables 24 25 1 1 Accruals 523 558 14 3 Deferred income 37 33 - - Deposits - 16 - - 606 639 233 163 808 817 233 163 Non-current: Other payables Sundry payables 21 24 - - Due to subsidiaries - - 816 865 Due to non-controlling interests 192 44 - - Deferred income 277 295 - - Deposits 21 21 - - 511 384 816 865 Total trade and other payables 1,319 1,201 1,049 1,028 (a) Trade payables Trade payables are non-interest bearing. (b) Other payables - current Included in the Group’s sundry payables and accruals are amounts relating to expenditures incurred for the construction of FPSOs amounting to RM387 million (2021: RM420 million). Included in both the current and non-current amounts due to subsidiaries as at 31 January 2021 were advances novated from subsidiaries of RM265 million which arose from an internal re-organisation exercise carried out during the prior financial year. All other payables are unsecured, non-interest bearing and are repayable on demand, except for amounts due to subsidiaries which are revolving on daily basis, and deferred income which relates to income received in advance and is non-refundable.
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