SCC Holdings Berhad Annual Report 2017

58 SCC Holdings Berhad (511477-A) | Annual Report 2017 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2017 (CONT’D) 9. Trade Receivables Group 2017 2016 RM’000 RM’000 Trade receivables 15,705 13,482 Less: Accumulated impairment losses (303) (391) 15,402 13,091 The Group’s normal credit terms range from 30 to 90 days (2016: 30 to 90 days). Other credit terms are assessed and approved on a case-by-case basis. The credit period varies from customers to customers after taking into consideration their payment track record, financial background, length of business relationship and size of transactions. Movements in the allowance for impairment losses of trade receivables are as follows: Group 2017 2016 RM’000 RM’000 At 1 January 391 293 Impairment recognised 52 325 Reversals (139) (204) Written off (1) (23) At 31 December 303 391 Analysis of the trade receivables ageing as at the end of the financial year is as follow: Group 2017 2016 RM’000 RM’000 Neither past due nor impaired 9,614 8,272 Past due but not impaired: Less than 30 days 3,072 2,870 31 to 60 days 1,650 1,498 61 to 90 days 642 286 More than 90 days 424 165 5,788 4,819 15,402 13,091 Impaired 303 391 15,705 13,482