Page 140 - S P Setia Annual Report 2013
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138 | Financial Statements S P SETIA BERHAD GROUP Annual Report 2013





NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2013 (CONT’D)






11. amOUntS OWinG BY aSSOciateD cOmPanieS
Amounts owing by associated companies included under non-current assets

The amounts owing by associated companies included under non-current assets represent unsecured interest free advances which are not
expected to be recalled within the next 12 months:

Group
2013 2012
Rm’000 Rm’000

Gross amount of advances 73 73
Allowance for doubtful debts (73) (73)
- -

Amounts owing by associated companies included under current assets

Group company
2013 2012 2013 2012
Rm’000 Rm’000 Rm’000 Rm’000

Unsecured advances:
- bearing interest at 7.60% (2012 : Nil) per annum 9,280 - 9,280 -
- interest free 3 - - -
9,283 - 9,280 -


12. amOUnt OWinG BY a FORmeR JOint VentURe PaRtneR

The amount owing by a former joint venture partner represents unsecured, interest free advances which are not expected to be recalled
within the next 12 months:
Group
2013 2012
Rm’000 Rm’000

Principal sum 12,988 12,322
Interest receivable 1,392 1,392
14,380 13,714



13. amOUntS OWinG BY JOintlY cOntROlleD entitieS
The amounts owing by jointly controlled entities included under non-current assets represent unsecured advances which are not expected
to be recalled within the next 12 months and are analysed as follows:
Group company
2013 2012 2013 2012
Rm’000 Rm’000 Rm’000 Rm’000


Interest bearing at 8.00% to 8.60%
(2012 : 8.00% to 8.60%) per annum 41,569 57,772 138,563 192,574
Unquoted cumulative redeemable preference shares - - 94,200 112,798
41,569 57,772 232,763 305,372
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