ANNUAL REPORT 2014
103
NOTES TO THE
FINANCIAL STATEMENTS
35. Financial risk management (continued)
35.1 Credit risk (continued)
Receivables (continued)
Impairment losses
The ageing of trade receivables as at the end of the reporting period was:
Group
Gross Impairment
Net
RM’000
RM’000
RM’000
2014
Not past due
176,604
-
176,604
Past due 0 - 90 days
66,621
-
66,621
Past due 91 - 180 days
19,119
(18)
19,101
Past due more than 180 days
3,478
(575)
2,903
265,822
(593)
265,229
2013
Not past due
190,424
(303)
190,121
Past due 0 - 90 days
69,672
-
69,672
Past due 91 - 180 days
7,788
(33)
7,755
Past due more than 180 days
1,049
(965)
84
268,933
(1,301)
267,632
The movements in the allowance for impairment losses of trade receivables during the year were:
2014
2013
RM’000
RM’000
At 1 January
1,301
1,058
Impairment loss recognised
100
588
Impairment loss reversed
(528)
(345)
Written off
(280)
-
At 31 December
593
1,301
The allowance account in respect of trade receivables is used to record impairment losses. Unless the
Group is satisfied that recovery of the amount is possible, the amount considered irrecoverable is written
off against the receivable directly.
