DESTINI Annual Report 2020

15. Trade Receivables Group 2020 2019 RM RM Trade receivables 106,739,989 256,470,647 Less: Accumulated impairment losses (31,823,415) (45,667,907) 74,916,574 210,802,740 The Group’s normal trade credit terms range from 30 to 90 days (2019: 30 to 90 days). Other credit terms are assessed and approved on a case by case basis. Movements in allowance for impairment loss are as follows: Group 2020 2019 RM RM At 1 January 45,667,907 4,637,910 Impairment loss recognised 3,306,919 42,468,364 Impairment loss reversed (13,631,072) (1,311,522) Amount written off (3,520,339) (126,845) At 31 December 31,823,415 45,667,907 The loss allowance account in respect of trade receivables is used to record loss allowance. Unless the Group is satisfied that recovery of the amount is possible, the amount considered irrecoverable iswrittenoff against the receivabledirectly. ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 151