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Notes to the
Financial Statements
As at 31 March 2019
22. Due from/(to) subsidiaries
Company
2019
2018
RM’000
RM’000
Due from subsidiaries
248,909
244,656
Less: Allowance for impairment
-
(7,041)
248,909
237,615
Due to subsidiaries
(6,818)
(17,688)
All the amounts due from/(to) subsidiaries are unsecured, interest free and repayable on demand except for the
amount due from certain subsidiaries amounting to RM185,601,000 (2018: RM207,281,000), which bear interest
of 5.5% (2018: 5.5%) per annum.
Movement in allowance accounts:
Company
2019
2018
RM’000
RM’000
At 1 April 2018
7,041
7,041
Advances to subsidiaries
(5,186)
-
Write back for the year (Note 5)
(1,855)
-
At 31 March
-
7,041
23. Short term cash investments
Group
Company
2019
2018
2019
2018
RM’000
RM’000
RM’000
RM’000
At fair value
Investment in units
- Islamic
148,122
51,886
-
8,003
Short term cash investments represent funds placed with licensed fund managers. The portfolio of securities
managed by the fund managers comprise money market funds, commercial papers and fixed deposits. Short
term cash investments held as fixed deposit placements allow prompt redemption at anytime.
Other details of fair value of short term cash investments are futher disclosed in Note 38.
Kumpulan Fima Berhad
(11817-V)
Annual Report 2019
172