| ANNUAL REPORT 2015
156
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015 (cont’d)
15. TRADE AND OTHER RECEIVABLES (cont’d)
(g) The ageing analysis of trade receivables of the Group are as follows (cont’d):
Receivables that are past due but not impaired
Trade receivables that are past due but not impaired mainly arose from customers where the Group has healthy business
relationship with, whereby the management is of the opinion that the amounts are recoverable based on past payments
history.
The trade receivables of the Group that are past due but not impaired are unsecured in nature.
Receivables that are past due and impaired
Trade receivables of the Group that are past due and impaired at the end of each reporting period are as follows:
Individually impaired
2015
2014
RM’000
RM’000
Trade receivables, gross
3,233
3,233
Less: Impairment losses
(3,233)
(3,233)
-
-
(h) The reconciliation of movements in the impairment loss is as follows:
Group
Company
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
Trade receivables
At 1 July
3,233
3,247
-
-
Disposal of a subsidiary (Note 34)
-
(14)
-
-
At 30 June
3,233
3,233
-
-
Other receivables
At 1 July
8,961
6,427
26,238
17,973
Charge for the financial year (Note 28)
1,556
2,367
635
11,779
Reversal of impairment loss (Note 28)
-
-
(1,540)
(314)
Written off
-
-
-
(3,200)
Exchange differences
833
167
-
-
At 30 June
11,350
8,961
25,333
26,238
14,583
12,194
25,333
26,238
Trade receivables that are individually determined to be impaired at the end of each reporting period relate to those
debtors that exhibit significant financial difficulties and have defaulted on payments. These receivables are not secured
by any collateral or credit enhancements.
