| ANNUAL REPORT 2015
186
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015 (cont’d)
37. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (cont’d)
(i) Credit risk (cont’d)
Credit risk concentration profile
The Group determines concentration of credit risk by monitoring the country and industry sector profiles of its trade
receivables on an ongoing basis. The credit risk concentration profile of the trade receivables of the Group at the end of
each reporting period are as follows:
Group
2015
2014
% of
% of
RM’000
total
RM’000
total
By country
Malaysia
55,408
61
47,382
65
Singapore
19,776
22
22,255
30
Indonesia
4,215
5
-
-
Vietnam
10,542
12
2,262
3
Others
721
#
1,407
2
90,662
100
73,306
100
By industry sectors
Retailing
90,466
100
73,223
100
Manufacturing
24
#
-
-
Investment and property development
172
#
83
#
90,662
100
73,306
100
# Amount is less than 1%
At the end of each reporting period, there was no significant concentration of credit risk for the Company other than
amounts owing by subsidiaries, net of impairment to the Company of RM75,585,000 (2014: RM60,207,000).
Financial assets that are neither past due nor impaired
Information regarding trade and other receivables that are neither past due nor impaired is disclosed in Note 15 to the
financial statements. Deposits with licensed banks that are neither past due nor impaired are placed with reputable
financial institutions with no history of default.
Financial assets that are either past due or impaired
Information regarding financial assets that are either past due or impaired is disclosed in Note 15 to the financial
statements.
