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Annual Report 2017
177
Notes to the
financial statements
31 march 2017
20. Trade receivables (cont’d.)
Ageing analysis of trade receivables
The ageing analysis of the Group’s and the Company’s trade receivables is as follows:
Group
Company
2017
2016
2017
2016
RM’000
RM’000
RM’000
RM’000
Neither past due nor impaired
45,472
46,938
19
20
1 to 60 days past due but not impaired
18,307
38,560
-
-
61 to 120 days past due but not impaired
12,621
37,113
-
-
More than 121 days past due but not impaired
23,104
60,951
-
-
54,032
136,624
-
-
Impaired
5,720
7,107
10
10
105,224
190,669
29
30
Trade receivables that are neither past due nor impaired
Trade and other receivables that are neither past due nor impaired are creditworthy debtors with good payment records with
the Group.
None of the Group’s trade receivables that are neither past due nor impaired have been renegotiated during the financial year.
Trade receivables that are past due but not impaired
The Group has trade receivables amounting to RM54,032,000 (2016: RM136,624,000) that are past due at the reporting date
but not impaired.
No allowance for impairment is made as in the opinion of the directors, the outstanding debts are expected to be collected in
full within the next twelve months.