Amount due from the ultimate holding company refers to a liability that the subsidiary company has towards its parent company, which is the ultimate holding company in a corporate structure. This typically represents amounts owed to the parent company for various transactions or services rendered between the two entities. According to the principles of consolidated financial statements, such balances are generally eliminated upon consolidation, as the parent and subsidiary are treated as a single economic entity. However, if not consolidated, these balances would be disclosed in the subsidiary's individual financial statements under the category of trade and other payables, as per the disclosure requirements of the related accounting standards, such as the presentation of related party transactions and balances.