160 / 204
Notes To The
Financial Statements
As at 31 March 2019
17. Trade and other receivables (cont’d.)
(a) Trade receivables (cont’d.)
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)
Gross amounts of impaired trade
receivables
657
2,860
-
-
Less: Allowance for individual
impairment losses
(657)
(2,860)
-
-
-
-
-
-
Movement in allowance accounts:
Group
Company
2019
2018
2019
2018
RM’000
RM’000
RM’000
RM’000
(Restated)
At 1 April 2018/2017
2,860
1,554
-
-
Charge for the year (Note 6)
24
1,556
-
-
Write back of impairment loss (Note 6)
(932)
(36)
-
-
Bad debts written off
(1,306)
-
-
-
Exchange differences
11
(214)
-
-
As 31 March
657
2,860
-
-
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.
156
Fima Corporation Berhad
(21185-P)
Annual Report 2019