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127
Notes to the Financial Statements
31 December 2015
21 RECEIVABLES, DEPOSITS AND PREPAYMENTS (CONTINUED)
(a) Trade receivables (continued)
Trade receivables that are neither past due nor impaired
With respect to the trade receivables that are neither past due nor impaired, there is no indication as of the reporting date that the debtors
will not meet their payment obligations since the Group selects the highest possible quality creditworthy counterparties. The quality of
these trade receivables is such that management believes no impairment provision is necessary, except in situations where they are part of
individually impaired trade receivables.
Trade receivables that are past due but not impaired
No allowance for impairment was made in respect of these past due trade receivables based on the past historical collection trends.
(b) Allowance for impairment
Movement on the Group allowance for impairment of receivables and deposits is as follows:
Group
Note
2015
RM’000
2014
RM’000
As at 1 January
70,495
70,210
Charged to statement of profit or loss
7
61,441
96,584
Reversed from statement of profit or loss
7
(14,077)
(24,449)
Amount written off
(57,343)
(71,850)
As at 31 December
60,516
70,495
