MISC Annual Report 2017

MISC Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS 251 Financial Statements 21. TRADE AND OTHER RECEIVABLES (CONT'D.) (a) Trade receivables 7KH *URXS V QRUPDO WUDGH FUHGLW WHUPV ZLWK LWV FXVWRPHUV UDQJH IURP WR GD\V WR GD\V 2WKHU FUHGLW WHUPV DUH DVVHVVHG DQG DSSURYHG RQ D FDVH E\ FDVH EDVLV DQG HDFK FXVWRPHU LV DVVLJQHG D PD[LPXP FUHGLW OLPLW (b) Other receivables and amounts due from related parties The non-trade balances due from holding company, subsidiaries, associates and joint ventures are repayable on demand and DUH QRQ LQWHUHVW EHDULQJ 22. DUE FROM/(TO) CUSTOMERS ON CONTRACTS Group 2017 RM'000 2016 RM'000 &RQVWUXFWLRQ FRQWUDFW FRVWV LQFXUUHG DQG UHFRJQLVHG SURƓWV WR GDWH Less: Progress billings 'XH IURP FXVWRPHUV RQ FRQWUDFWV 1RWH 'XH WR FXVWRPHUV RQ FRQWUDFWV 1RWH 23. CASH, DEPOSITS AND BANK BALANCES Group Corporation 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Cash with PETRONAS Integrated Financial Shared Services Centre Cash and bank balances Deposits with licensed banks - 7R DOORZ PRUH HIƓFLHQW FDVK PDQDJHPHQW IRU WKH *URXS DQG WKH &RUSRUDWLRQ WKH *URXS DQG WKH &RUSRUDWLRQōV FDVK DQG EDQN EDODQFHV KDYH VLQFH -XO\ EHHQ KHOG LQ WKH ,Q +RXVH $FFRXQW ŏ,+$Ő PDQDJHG E\ 3(7521$6 ,QWHJUDWHG )LQDQFLDO 6KDUHG 6HUYLFHV &HQWUH ŏ,)66&Ő

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