Green Technology Annual Report

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 28. FINANCIAL INSTRUMENTS (CONT’D) 28.1 FINANCIAL RISK MANAGEMENT POLICIES (CONT’D) (b) Credit Risk (Cont’d) (iii) Assessment of Impairment Losses (Cont’d) Trade Receivables (Cont’d) The information about the exposure to credit risk and the loss allowances calculated under MFRS 9 for trade receivables are summarised below:- Gross Amount Individual Impairment Collective Impairment Carrying Amount The Group RM RM RM RM 2019 Current (not past due) 782,637 – – 782,637 1 to 30 days past due 676,515 – – 676,515 31 to 60 days past due 271,149 – – 271,149 61 to 90 days past due 281,585 – – 281,585 91 to 365 days past due 1,712,043 – – 1,712,043 Credit impaired 476,100 476,100 4,200,029 – – 4,200,029 28. FINANCIAL INSTRUMENTS (CONT’D) 28.1 FINANCIAL RISK MANAGEMENT POLICIES (CONT’D) (b) Credit Risk (Cont’d) (iii) Assessment of Impairment Losses (Cont’d) Trade Receivables (Cont’d) The information about the exposure to credit risk and the loss allowances calculated under MFRS 9 for trade receivables are summarised below (Cont’d):- The Group Gross Amount Individual Impairment Collective Impairment Carrying Amount RM RM RM RM 2018 Current (not past due) 1,586,779 – – 1,586,779 1 to 30 days past due 2,893,714 – – 2,893,714 31 to 60 days past due 350,614 – – 350,614 61 to 90 days past due 78,118 – – 78,118 91 to 365 days past due 1,397,429 – – 1,397,429 Credit impaired 975,277 975,277 7,281,931 – – 7,281,931 130 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019