MKH Annual Report 2017

19. RECEIVABLES, DEPOSITS AND PREPAYMENTS (continued) (e) Finance lease receivables The Group 2017 2016 RM RM Receivable within 1 year Gross investment in finance lease receivables 1,109,395 1,109,495 Less: Unearned finance income (88,856) (88,856) Present value of minimum lease payment receivables 1,020,539 1,020,639 Less: Allowance for impairment loss At beginning of year (1,019,749) (1,020,658) No longer required 100 909 At end of year (1,019,649) (1,019,749) 890 890 The finance lease receivables bear effective interest at 8.15% (2016: 8.15%) per annum. The maturity profile of finance lease receivables is as follows: The Group 2017 2016 RM RM Fixed rate instrument Receivable within 1 year 890 890 (f) Included in amount due from subsidiaries are unsecured amounts of: (i) RM296,512,339 (2016: RM209,936,101) which bears interest at 5.85% (2016: 5.85%) per annum and is not expected to be settled within the next 12 months; and (ii) RM4,344,703 (2016: RM2,995,784) which is interest-free and repayable on demand. (g) Included in other receivables of the Group are: (i) an amount of RM3,621,392 (2016: RM4,088,287) being indirect taxes paid in advance to tax authorities; (ii) an amount of RM4,198,434 (2016: RM4,399,820) being amount due from Plasma Farmers Cooperative in Indonesia; and Notes to the Financial Statements For the Financial Year ended 30 September 2017 155 MKH Berhad • Annual Report 2017