SCC Holdings Berhad Annual Report 2018

SCC Holdings Berhad | Annual Report 2018 64. NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2018 (CONT’D) 8. Inventories (cont’d) Group 2018 2017 RM’000 RM’000 Recognised in profit or loss: Inventories recognised as cost of sales 41,764 39,352 Reversal of inventories written down - (288) The reversal of inventories written down was made in previous financial year when the related inventories were sold above their carrying amounts. 9. Trade Receivables Group 2018 2017 RM’000 RM’000 Trade receivables 15,366 15,705 Less: Accumulated impairment losses (351) (303) 15,015 15,402 The Group’s normal credit terms range from 30 to 120 days (2017: 30 to 120 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. 10. Other Receivables Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Other receivables 109 61 39 - Deposits 350 238 27 2 Prepayments 2,756 301 - - GST recoverable - 5 - - 3,215 605 66 2 11. Amounts due from Subsidiary Companies The non-trade amounts due from subsidiary companies are unsecured, interest-free and repayable upon demand.