Bursa Malaysia • Annual Report 2013
170
Financial Reports
35. Financial risk management objectives and policies (cont’d.)
(e) Credit risk (cont’d.)
(ii) Receivables that are impaired (cont’d.)
Trade
receivables
Other
receivables
Due from
subsidiaries
2013
2012
2013
2012
2013
2012
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
Company
At nominal amounts
194
276
2,675
2,695
11,851
11,851
Less: Allowance for impairment
(194)
(206)
(2,675)
(2,695)
(11,851)
(11,851)
-
70
-
-
-
-
Movement in allowance accounts:
At 1 January
206
238
2,695
1,647
11,851
8,527
(Reversal)/charge of impairment
loss for the year
(12)
(5)
(20)
1,048
-
3,324
Written off
-
(27)
-
-
-
-
At 31 December
194
206
2,675
2,695
11,851
11,851
Receivables that are individually determined to be impaired at the financial year end relate to debtors that are in significant financial difficulties
and have defaulted on payments.
Receivables are not secured by any collateral or credit enhancements other than as disclosed in Note 22.
36. Fair value of financial instruments
(a) Fair value of financial instruments by classes that are not carried at fair value and whose carrying amounts are not reasonable approximations
of fair value
Group
Company
Carrying
amount
Fair
value
Carrying
amount
Fair
value
RM’000
RM’000
RM’000
RM’000
At 31 December 2013
Staff loans receivable (Note 17)
7,944
5,974
7,259
5,449
At 31 December 2012
Staff loans receivable (Note 17)
10,030
7,163
9,289
6,606
Notes to the Financial Statements
31 December 2013
