DESTINI Annual Report 2020

Gross amount Loss allowance Net amount Group RM RM RM 2020 Neither past due nor impaired 17,698,360 (26,100) 17,672,260 Past due not impaired: Less than 30 days 5,481,131 (8,580) 5,472,551 31 to 60 days 3,635,975 (4,791) 3,631,184 61 to 90 days 7,807,573 (40,487) 7,767,086 More than 90 days past due 43,933,703 (3,560,210) 40,373,493 60,858,382 (3,614,068) 57,244,314 78,556,742 (3,640,168) 74,916,574 Credit impaired: Individual impaired 28,183,247 (28,183,247) - 106,739,989 (31,823,415) 74,916,574 2019 Neither past due nor impaired 48,183,578 (138,510) 48,045,068 Past due not impaired: Less than 30 days 5,762,180 (21,196) 5,740,984 31 to 60 days 4,177,616 (20,554) 4,157,062 61 to 90 days 2,521,939 (16,052) 2,505,887 More than 90 days past due 160,160,941 (9,807,202) 150,353,739 172,622,676 (9,865,004) 162,757,672 220,806,254 (10,003,514) 210,802,740 Credit impaired: Individual impaired 35,664,393 (35,664,393) - 256,470,647 (45,667,907) 210,802,740 Trade receivables that are neither past due nor impaired are creditworthy receivables with good payment records with the Group. As at 31 December 2020, trade receivables of RM57,244,314 (2019: RM162,757,672) were past due but not impaired. These relate to a number of independent customers from whom there is no recent history of default. The trade receivables of the Group that are individually assessed to be impaired amounting to RM28,183,247 (2019: RM35,664,393), related to customers that are in financial difficulties and have defaulted on payments. These balances are expected to be recovered through the debt recovery process. 15. Trade Receivables (Cont’d) The aged analysis of trade receivables as at the end of the reporting period: ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 152