Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 110 9. Inventories Group 2017 2016 RM RM Consumables 59,156 - Reclassified to assets of disposal group held for sale (Note 14) (59,156) - - - 10. Trade Receivables Group 2017 2016 RM RM Trade receivables 770,700 603,000 Less: Accumulated impairment loss - - 770,700 603,000 Trade receivables are non-interest bearing and are generally on 30 days (2016: 30 days) term. They are recognised at their original invoice amounts which represent their fair values on initial recognition. Movements in the allowance for impairment loss of trade receivables are as follows: Group 2017 2016 RM RM At 1 January - (648,173) Written off during the financial year - 648,173 At 31 December - - NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2017 (cont’d)