Page 207 - MSM_AR2020

SUSTAINABILITY EFFECTIVE CORPORATE FINANCIAL ADDITIONAL DETAILS OF THE ANNUAL
REPORT LEADERSHIP GOVERNANCE STATEMENTS INFORMATION GENERAL MEETING

NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

24 INVENTORIES
Group
2020 2019
RM’000 RM’000
At cost:
- Raw materials 144,789 34,337
- Work-in-progress 22,276 25,157
- Finished goods 67,297 89,837
- Consumable stores 32,883 36,484
- Molasses 252 1,575 205
- Raw sugar in transit - 55,804
At net realisable value:
- Raw materials - 30,683
- Work-in-progress 6,988 14,643
- Finished goods - 30,732
274,485 319,252

Write downs of inventories to net realisable value amounted to RM Nil (2019: RM49,432,000). These were recognised as an
expense during the year and included in cost of sales in the statement of profit or loss (Note 11). MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020

25 AMOUNTS DUE FROM/(TO) SUBSIDIARIES, OTHER RELATED COMPANIES, IMMEDIATE HOLDING
COMPANY AND ULTIMATE HOLDING BODY
Group Company
2020 2019 2020 2019
RM’000 RM’000 RM’000 RM’000
Current assets
Amounts due from:
Subsidiaries - - 14,799 8,050
Less: impairment (Note 8) - - - (8)
Other related companies 3,665 10,700 - 143
Less: impairment (Note 8) (3,200) (3,854) - -
Immediate holding company 1,461 1,443 136 -
1,926 8,289 14,935 8,185

Current liabilities
Amounts due to:
Subsidiaries - - 751 680
Other related companies 1,643 2,059 4 61
Immediate holding company 12,503 14,246 6,096 5,852
Ultimate holding body 221 50 221 -

14,367 16,355 7,072 6,593