MKH Annual Report 2021

MKH Berhad 179 20. RECEIVABLES, DEPOSITS AND PREPAYMENTS (CONT’D) (e) Trade receivables (Cont’d) (iii) Included in trade receivables of the Group are: (Cont’d) (e) amount of RMNil (2020: RM39,775) due from a person connected to certain directors of the Company in respect of purchase of development properties from the Group which include retention sum of RMNil (2020: RM39,775) held by stakeholders; (f) amount of RM30,225 (2020: RMNil) due froma person connected to a keymanagement personnel of the Group in respect of purchase of development properties of the Group which include retention sum of RM30,225 (2020: RMNil) held by stakeholders; and (g) amount of RMNil (2020: RM26) due from an associate. (f) Finance lease receivables The Group 2021 2020 RM RM Receivable within 1 year Gross investment in finance lease receivables 1,108,545 1,108,545 Less: Unearned finance income (88,856) (88,856) Present value of minimum lease payment receivables 1,019,689 1,019,689 Less: Allowance for impairment loss At beginning of year (1,019,689) (1,019,839) No longer required - 150 At end of year (1,019,689) (1,019,689) - - The finance lease receivables bear effective interest at 8.15% (2020: 8.15%) per annum. (g) Included in other receivables of the Group and of the Company are: (i) an amount of RM5,995,644 (2020: RM5,691,036) being unbilled rental income receivables; (ii) an amount of RM1,292,921 (2020: RM4,735,730) being indirect taxes paid in advance to tax authorities; (iii) an amount of RM1,966,862 (2020: RM4,748,005) being amount due from Plasma Farmers Cooperative in Indonesia; and Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2021

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