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FINANCIAL REPORTS
185
Bursa Malaysia •
Annual Report 2015
NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2015
36. 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
Company
2015
2014
2015
2014
2015
2014
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
At nominal amounts
258
258
2,411
2,584
11,857
11,855
Less: Allowance for impairment
(258)
(258)
(2,411)
(2,584)
(11,857)
(11,855)
-
-
-
-
-
-
Movement in allowance accounts:
At 1 January
258
194
2,584
2,675
11,855
11,851
Charge/(reversal) of impairment
loss for the year
-
64
(173)
(91)
2
4
At 31 December
258
258
2,411
2,584
11,857
11,855
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.
37. Classification of financial instruments
The Group’s and the Company’s financial assets and financial liabilities are measured on an ongoing basis at either fair value or at amortised
cost based on their respective classification. The significant accounting policies in Note 2.4 describe how the classes of financial instruments are
measured, and how income and expenses, including fair value gains and losses, are recognised. The following table analyses the financial assets and
financial liabilities of the Group and of the Company in the statements of financial position by the classes and categories of financial instruments to
which they are assigned, and therefore by the measurement basis.