Page 145 - S P Setia Annual Report 2013
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Annual Report 2013 S P SETIA BERHAD GROUP Financial Statements | 143





NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2013 (CONT’D)






19. tRaDe ReceiVaBleS (cOnt’D)

The Group has charged trade receivables amounting to approximately RM3,430,000 (2012 : RM18,202,000) as security for bank borrowings
Ageing analysis of the Group’s and the Company’s trade receivables are as follows:

Group company
2013 2012 2013 2012
Rm’000 Rm’000 Rm’000 Rm’000


Neither past due nor impaired 366,338 315,658 5,959 5,959
1 to 30 days past due not impaired 57,255 75,180 - -
31 to 60 days past due not impaired 21,214 22,286 - -
61 to 90 days past due not impaired 59,455 26,231 - -
91 to 120 days past due not impaired 52,031 20,934 - -
More than 121 days past due not impaired 90,278 11,159 - -
646,571 471,448 5,959 5,959
Individually impaired 3,048 3,120 1,393 1,393
649,619 474,568 7,352 7,352


The movements in the allowance for impairment losses of trade receivables during the fnancial year are as follows:

Group company
2013 2012 2013 2012
Rm’000 Rm’000 Rm’000 Rm’000


At beginning of the year 3,120 3,120 1,393 1,393
Reversal of impairment loss (69) (1) - -
Impairment loss written off (4) - - -
Impairment loss recognised 1 1 - -
At 31 October 3,048 3,120 1,393 1,393

The currency exposure profle of trade receivables after allowance for impairment losses is as follows:

Group company
2013 2012 2013 2012
Rm’000 Rm’000 Rm’000 Rm’000

Ringgit Malaysia 636,161 469,896 5,959 5,959
Vietnamese Dong 1,324 1,317 - -
Singapore Dollar 9,086 - - -
Sterling Pound - 235 - -
646,571 471,448 5,959 5,959
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