Excel Force MSC Berhad Annual Report 2015

NOTES TO THE FINANCIAL STATEMENTS 31 December 2015 (cont’d) E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 5 80 13. TRADE AND OTHER RECEIVABLES (continued) (c) The currency exposure profile of trade and other receivables (exclude prepayments) is as follows: Group Company 2015 2014 2015 2014 RM RM RM RM Ringgit Malaysia 7,016,702 6,196,344 8,999,520 8,281,873 Singapore Dollar 544,253 194,215 544,253 194,215 7,560,955 6,390,559 9,543,773 8,476,088 (d) The ageing analysis of trade receivables of the Group and of the Company are as follows: Group Company 2015 2014 2015 2014 RM RM RM RM Neither past due nor impaired 4,190,554 4,075,982 3,880,615 3,990,542 Past due, not impaired 91 to 120 days 720,102 453,840 713,742 444,750 121 to 150 days 203,112 546,817 203,112 542,757 151 to 180 days 202,664 - 202,664 - 181 to 210 days 106,738 499,990 74,938 499,990 More than 211 days 1,790,493 282,221 1,771,305 282,221 3,023,109 1,782,868 2,965,761 1,769,718 Past due and impaired 49,600 49,600 49,600 49,600 7,263,263 5,908,450 6,895,976 5,809,860 Receivables that are neither past due nor impaired Trade receivables of the Group and of the Company that are neither past due nor impaired are creditworthy debtors with goodpayment records with theGroupand theCompany. Trade receivables of the Group of 58% (2014: 69%) and of the Company of 56% (2014: 69%) have never defaulted. These customers maintain a long working relationship with the Group. Receivables that are past due but not impaired The Group and the Company have trade receivables amounting to RM3,023,109 (2014: RM1,782,868) and RM2,965,761 (2014: RM1,769,718) respectively that are past due at the end of the reporting period but not impaired. Trade receivables that are past due but not impaired mainly arose from active corporate clients with healthy business relationship, in which the management is of the view that the amounts are recoverable based on past payment history. The trade receivables that are past due but not impaired are unsecured in nature.