DESTINI AR 2017

14. Amount Due from/(to) Contract Customers Group 2017 2016 RM RM Contract costs incurred to date 877,397,698 213,836,533 Attributable profits 163,625,682 77,484,459 1,041,023,380 291,320,992 Less: Progress billings (1,048,449,334) (294,853,100) (7,425,954) (3,532,108) Presented as: Amount due from contract customers 10,683,825 9,805,133 Amount due to contract customers (18,109,779) (13,337,241) The costs incurred to date on construction contracts include the following charges made during the financial year: Group 2017 2016 RM RM Hire of plant and machineries 840,116 331,992 Rental expenses 77,871 91,002 15. Trade Receivables Group 2017 2016 RM RM Trade receivables 353,538,774 168,093,105 Less: Accumulated impairment losses (4,041,262) (2,892,042) 349,497,512 165,201,063 The Group’s normal trade credit terms range from 30 to 90 days (2016: 30 to 90 days). Other credit terms are assessed and approved on a case by case basis. Movements in allowance for impairment loss of trade receivables during the financial year are as follows: Group 2017 2016 RM RM At 1 January 2,892,042 2,199,081 Impairment loss recognised 1,449,131 721,115 Impairment loss reversed - (28,154) Amount written off (299,911) - At 31 December 4,041,262 2,892,042 141 DESTINI BERHAD Annual Report 2017