200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 34. Financial risk management objectives and policies (cont'd) (a) Credit risk (cont'd) Contract 1 - 30 31 - 60 61 - 90 91 - 120 > 120 assets Current days days days days days Total RM RM RM RM RM RM RM RM Group 31 December 2020 Expected credit loss rate (%) 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.71% Estimated total gross carrying amount at default 374,719,171 172,702,749 73,522,596 21,810,430 15,595,002 13,125,753 164,067,765 460,824,295 Less: Receivables individually impaired - - (2,696) (119,155) (273,303) - (15,071,323) (15,466,477) 374,719,171 172,702,749 73,519,900 21,691,275 15,321,699 13,125,753 148,996,442 445,357,818 Expected credit loss - - - - - - 1,164,477 1,164,477 Days past due Trade receivables - 95 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 K imlun Corporat ion Berhad Regi s t rat ion No. 200901023978 (867077-X) 155
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