36. TRADE AND OTHER PAYABLES (CONTD.) Company 2022 RM’000 2021 RM’000 Current Other payables Accruals 15,596 20,048 Sundry payables 1,310 14,751 Due to holding company (Note b) 1,465 5,986 Due to related companies (Note d) 4,738 2,381 Due to subsidiary companies (Note b) 3,296 5,145 Total 26,405 48,311 (a) Trade payables Trade payables are non-interest bearing and the normal trade credit terms granted to the Group range from 30 to 90 days (2021: 30 to 90 days). (b) Retention payables Retention payables are unsecured, interest-free and are expected to be paid within the terms of the relevant contracts. (c) Amounts due to holding and subsidiary companies Amount due to holding and subsidiary companies are non-interest bearing and repayable on demand. The amounts are unsecured and are to be settled in cash. Further details on related party transactions are disclosed in Note 39. (d) Amounts due to related companies Related companies refer to companies within the UEM group of companies. Amounts due to related companies are non-interest bearing and are repayable on demand. The amounts are unsecured and are to be settled in cash. Further details on related party transactions are disclosed in Note 39. 37. CAPITAL COMMITMENTS Group Company 2022 RM’000 2021 RM’000 2022 RM’000 2021 RM’000 Capital expenditure Approved and contracted for purchase of: – intangible assets 85 – – – – property, plant and equipment 23,408 10,794 526 216 Approved but not contracted for purchase of: – intangible assets 19,935 10,523 – 5,770 – property, plant and equipment 72,878 71,824 – 1,558 38. PERFORMANCE BONDS AND GUARANTEES Group 2022 RM’000 2021 RM’000 Secured: Performance bond extended to Government of Malaysia in respect of security for the due performance of the Hospital Support Services Concession Agreement dated 28 October 1996 19,655 20,048 Bank guarantee issued to authorities 6,067 7,792 Bank guarantees and performance bonds issued to others 143,349 120,516 Corporate guarantee for banking facilities utilised by fellow subsidiaries 422,902 402,677 591,973 551,033 Unsecured: Bank guarantees extended to third parties - trade related 25,320 19,803 As at the reporting date, no values are ascribed on these guarantees provided by the Group for the purpose described above as the directors regard the value of the credit enhancement provided by these guarantees as minimal and the probability of default, based on historical track records of the parties receiving the guarantees are not probable. p.352 p.353 UEM EDGENTA BERHAD INTEGRATED ANNUAL REPORT 2022 1 2 3 4 5 6 7 8 9 FINANCIAL STATEMENTS Notes to the financial statements For the year ended 31 December 2022 Notes to the financial statements For the year ended 31 December 2022
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