FGV Audited Financial Statements 2020

35 LOANS DUE FROM SUBSIDIARIES (a) Reconciliation of loss allowance Loans due from subsidiaries using general 3 stage approach The loss allowance for loan due from subsidiaries as at 31 December 2020 reconciles to the opening loss allowance for that provision as follows: Performing RM’000 Under- performing RM’000 Non- performing RM’000 Total RM’000 Company At 1 January 2019 - - - - Increase in loss allowance - - 1,062 1,062 Closing loss allowance as at 31 December 2019/ 1 January 2020 - - 1,062 1,062 Write-offs - - (1,062) (1,062) Closing loss allowance as at 31 December 2020 - - - - 36 FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS Group 2020 RM’000 2019 RM’000 At 1 January 58,940 46,055 Additions 13,278 23,781 Disposals - (8,731) Fair value (losses)/gains credited to profit or loss (Note 11) (1,618) 4,715 Currency translation differences (2,399) (6,880) As at 31 December 68,201 58,940 Quoted investments: In Malaysia 4,215 3,999 Outside Malaysia 63,986 54,941 68,201 58,940 155 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 Audited Financial Statements 2020