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FIMA CORPORATION BERHAD
(21185-P) |
Annual Report
2016
NOTES TO THE FINANCIAL
STATEMENTS 31 MARCH 2016
(contd.)
18. TRADE AND OTHER RECEIVABLES (CONTD.)
(a) Trade receivables (Contd.)
Ageing analysis of trade receivables
The ageing analysis of the Group’s and of the Company’s trade receivables is as follows:
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
Neither past due nor impaired
26,482
34,091
102
174
Past due but not impaired:
1 to 60 days
24,755
38,559
77
45
61 to 120 days
32,958
24,698
5
31
More than 121 days
63,865
65,270
161
151
121,578
128,527
243
227
Impaired
1,851
1,182
-
5
149,911
163,800
345
406
Receivables that are neither past due nor impaired
Trade 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.
Receivables that are past due but not impaired
The Group and the Company has trade receivables amounting to RM121,578,000 (2015:
RM128,527,000) and RM243,000 (2015: RM227,000), respectively 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.