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Notes to the
Financial Statements
As at 31 March 2020
Fima CORPORATION Berhad
(197401004110)
(21185-P)
• Annual Report 2020
175
31. Lease liabilities/finance lease obligations (cont’d.)
Finance lease obligations (cont’d.)
The minimum lease payments and the present value of the obligations under finance leases for the year ended 31 March 2019 is as
follows: (cont’d.)
Group
2019
RM’000
Present value of finance lease payables:
- Not later than 1 year
643
- Later than 1 year but not later than 5 years
2,550
- Later than 5 years
12,318
Present value of minimum lease payments
15,511
Less: Amount due within 12 months
(643)
Amount due after 12 months
14,868
32. Trade and other payables
Group
Company
2020
2019
2020
2019
RM’000
RM’000
RM’000
RM’000
Current
Trade payables
Third parties
7,136
6,916
29
63
Other payables
Tenants’ rental deposits
1,309
955
934
945
Accruals
13,451
15,230
319
319
Provision for bonus
3,308
4,159
434
420
Receipts in advance
1,897
5,731
-
-
Others
2,751
3,848
-
-
22,716
29,923
1,687
1,684
Total trade and other payables
29,852
36,839
1,716
1,747
Trade payables amounts are non-interest bearing which are normally settled on 30 to 90 days (2019: 30 to 90 days) term.