139
ANNUAL REPORT 2016
NOTES TOTHE FINANCIAL STATEMENTS
30 JUNE 2016
(Continued)
15. TRADE AND OTHER RECEIVABLES (continued)
(h)
The ageing analysis of trade receivables of the Group are as follows (continued):
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
2016
RM’000
2015
RM’000
Trade receivables, gross
4,582
3,233
Less: Impairment losses
(4,582)
(3,233)
-
-
(i)
The reconciliation of movements in the impairment loss is as follows:
Group
Company
2016
RM’000
2015
RM’000
2016
RM’000
2015
RM’000
Trade receivables
At 1 July
3,233
3,233
-
-
Charge for the financial year (Note 29)
1,369
-
-
-
Exchange differences
(20)
-
-
-
At 30 June
4,582
3,233
-
-
Other receivables
At 1 July
11,350
8,961
25,333
26,238
Charge for the financial year (Note 29)
5,318
1,556
1,227
635
Reversal of impairment losses (Note 29)
(4,045)
-
-
(1,540)
Exchange differences
693
833
-
-
At 30 June
13,316
11,350
26,560
25,333
17,898
14,583
26,560
25,333
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.
