Al-`Aqar Healthcare REIT Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS 13. TRADE RECEIVABLES, OTHER RECEIVABLES AND PREPAID EXPENSES The Group The Fund 2018 2017 2018 2017 RM RM RM RM Trade receivables 2,246,142 5,312,154 1,216,283 217,714 Trade receivables comprise rental receivable from lessees. The credit period granted by the Group and the Fund on rental receivable from lessees ranges from 30 to 60 days (2017: 30 to 60 days). The ageing analysis of the Group’s and of the Fund’s trade receivables is as follows: The Group The Fund 2018 2017 2018 2017 RM RM RM RM 0 - 30 days 1,798,072 1,075,314 768,213 13,150 31 - 60 days 448,070 1,057,126 448,070 - 61 - 90 days - 1,002,780 - - More than 90 days - 2,176,934 - 204,564 2,246,142 5,312,154 1,216,283 217,714 The Group and the Fund estimate the loss allowance on trade receivables at the end of the reporting period at an amount equal to lifetime expected credit losses. None of the trade receivables at the end of the reporting period is past due, and taking into account the historical default experience and the future prospects of the industries in which the trade receivables operate, together with the value of collateral held over these trade receivables as disclosed in Note 15, the Manager considers that no trade receivables is impaired. The currency exposure profile of the trade receivables of the Group and of the Fund are as follows: The Group The Fund 2018 2017 2018 2017 RM RM RM RM Ringgit Malaysia 1,216,283 217,714 1,216,283 217,714 Australian Dollar 1,029,859 5,094,440 - - 2,246,142 5,312,154 1,216,283 217,714 FINANCIAL REPORTS 131 FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 (CONTINUED)