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Notes to the
Financial Statements
As at 31 March 2019
20. Trade receivables (cont’d.)
Trade receivables that are past due but not impaired
The Group has trade receivables amounting to RM79,250,000 (2018: RM85,770,000) 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.
Receivables that are impaired
The Group’s and the Company’s trade receivables that are impaired at the reporting date and the movement of
the allowance accounts used to record the impairment are as follows:
Group
Company
2019
2018
2019
2018
RM’000
RM’000
RM’000
RM’000
(Restated)
Trade receivables - nominal amount
5,860
7,057
10
10
Less: Allowance for impairment
(5,860)
(7,057)
(10)
(10)
-
-
-
-
Movement in allowance accounts:
Group
Company
2019
2018
2019
2018
RM’000
RM’000
RM’000
RM’000
(Restated)
At 1 April 2018/2017
7,057
5,720
10
10
Write back of impairment loss(Note 9)
(932)
(265)
-
-
Written off
(1,306)
-
-
-
Charge for the year (Note 9)
1,041
1,602
-
-
At 31 March
5,860
7,057
10
10
Trade receivables that are individually determined to be impaired at the reporting date relate to debtors that
are in significant financial difficulties and have defaulted on payments. These receivables are not secured by
any collateral or credit enhancements.
Kumpulan Fima Berhad
(11817-V)
Annual Report 2019
170