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Annual Report 2020
192
Notes to the Financial Statements
As at 31 March 2020
kumpulan Fima Berhad
(197201000167)(11817-V)
24. Due from/(to) subsidiaries (cont’d.)
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 RM50,048,000 (2019: RM185,601,000), which bear interest of 5.5%
(2019: 5.5%) per annum.
Movement in allowance accounts:
Company
2020
RM’000
2019
RM’000
At 1 April 2019/2018
-
7,041
Advances to subsidiaries
-
(5,186)
Write back for the year (Note 8)
-
(1,855)
At 31 March
-
-
25. Short term cash investments
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
At fair value
Islamic short term cash investments
171,591
148,122
3,061
-
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 41.
26. Cash and bank balances
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Cash in hand and at banks
94,409
72,781
10,590
12,776
Fixed deposits with licensed bank
29,920
69,415
415
4,403
Total cash and cash equivalents
124,329
142,196
11,005
17,179