PRG Holdings Berhad Annual Report 2017

• Annual Report 2017 121 13. TRADE AND OTHER RECEIVABLES (CONT’D) Group Company 2017 2016 2017 2016 Note RM’000 RM’000 RM’000 RM’000 Deposits for land acquisition (e) 5,179 3,897 - - Prepayments 2,297 1,902 13 24 Amounts due from customers for contract works 15 3,181 117 - - Total current 93,982 31,641 17,004 15,464 Grand total 93,982 31,641 66,957 56,067 (a) Trade receivables (i) Trade receivables are non-interest bearing and the normal trade credit terms granted by the Group range from twenty- one (21) days to ninety (90) days (2016: twenty-one (21) days to ninety (90) days) from date of invoice. They are recognised at their original invoice amounts, which represent their fair values on initial recognition. (ii) The retention sums are unsecured, interest-free and are expected to be collected as follows: Group 2017 2016 RM’000 RM’000 Within one (1) year 1,360 - Within two (2) to three (3) years - 1,360 1,360 1,360 (iii) Ageing analysis The ageing analysis of trade receivables of the Group are as follows: Group 2017 2016 RM’000 RM’000 Neither past due nor impaired 28,041 15,463 Past due, not impaired - 1 to 30 days 18,973 4,720 - 31 to 60 days 7,548 1,023 - 61 to 90 days 9,411 1,180 - More than 90 days 10,633 113 46,565 7,036 Past due and impaired 108 89 74,714 22,588 N O T E S T O T H E F I N A N C I A L S T A T E M E N T S 3 1 D E C E M B E R 2 0 1 7 ( C O N T ’ D )