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Notes To The
Financial Statements
As at 31 March 2019
29. Finance lease obligations
The minimum lease payments and the present value of the obligations under finance lease for the years ended
31 March 2019 and 2018 are as follows:
Group
2019
2018
RM’000
RM’000
Mininum lease payments:
- Not later than 1 year
865
772
- Later than 1 year but not later than 5 years
4,781
4,423
- Later than 5 years
81,159
82,460
Total minimum lease payments
86,805
87,655
Less: Amounts representing finance charges
(71,295)
(71,456)
Present value of minimum lease payments
15,510
16,199
Present value of finance lease payables:
- Not later than 1 year
643
611
- Later than 1 year but not later than 5 years
2,550
2,430
- Later than 5 years
12,318
13,158
Present value of minimum lease payments
15,511
16,199
Less: Amount due within 12 months
(643)
(611)
Amount due after 12 months
14,868
15,588
30. Trade and other payables
Group
Company
2019
2018
2019
2018
RM’000
RM’000
RM’000
RM’000
Current
Trade payables
Third parties
6,916
7,982
63
1
Other payables
Tenants’ rental deposits
955
965
945
955
Accruals
15,230
21,687
319
341
Provision for bonus
4,159
4,069
420
345
Receipts in advance
5,731
1,144
-
-
Others
3,848
1,037
-
-
29,923
28,902
1,684
1,641
Total trade and other payables
36,839
36,884
1,747
1,642
Trade payables amounts are non-interest bearing which are normally settled on 30 to 90 days (2018: 30 to 90
days) term.
168
Fima Corporation Berhad
(21185-P)
Annual Report 2019