FGV Audited Financial Statements 2020
52 PAYABLES Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Non-current liabilities Trade payables 15,196 12,000 - - Current liabilities Trade payables 218,269 215,103 - - Other payables and accruals 811,394 691,867 50,976 39,397 Provision for litigation loss 19,802 - - - 1,049,465 906,970 50,976 39,397 1,064,661 918,970 50,976 39,397 Included in trade payables in non-current liabilities is outstanding net present value of minimum lease payment made under finance lease payables. The payables are denominated as follows: Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 - Ringgit Malaysia 988,180 865,377 50,976 39,397 - United States Dollar 55,341 42,965 - - - Indonesian Rupiah 11,748 5,648 - - - Pakistan Rupee 6,981 3,235 - - - Thai Baht 2,095 1,715 - - - European Euro 316 - - Great Britain Pound - 16 - - - Others - 14 - - 1,064,661 918,970 50,976 39,397 The credit terms of trade payables range up to 90 days (2019: up to 90 days). The fair value of the payables approximates their carrying values, as the impact of discounting is not significant. 177 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 Audited Financial Statements 2020
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