25 TRADE AND OTHER RECEIVABLES AND AMOUNT DUE FROM SUBSIDIARIES
(CONTINUED)
As at 31 December 2015, trade receivables of RM25,745,000 (2014: RM30,168,000) were impaired and provided for.
Movement in allowance accounts:
Group
2015
RM’000
2014
RM’000
At 1 January
30,168
29,555
Charge for the year (Note 9)
5,814
6,843
Written off
(9,290)
(5,313)
Reversal of impairment loss (Note 9)
(947)
(917)
At 31 December
25,745
30,168
The currency exposure profile of the receivables and deposits (excluding prepayments) are as follows:
Group
Company
2015
RM’000
2014
RM’000
2015
RM’000
2014
RM’000
Ringgit Malaysia
461,409
403,926
370,193
229,481
Singapore Dollar
767
1,126
–
–
Indonesian Rupiah
21,578
10,140
–
–
Australian Dollar
4,930
3,934
–
–
Bangladesh Taka
71
–
–
–
488,755
419,126
370,193
229,481
The other classes do not contain impaired assets.
The maximum exposure to credit risk at the reporting date is the carrying value of each class of receivable mentioned above.
Certain financial assets are pledged as collateral for security.
302
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
