DESTINI AR 2017

15. Trade Receivables (Cont’d) Analysis of the trade receivables ageing as at the end of the financial year is as follows: Group 2017 2016 RM RM Neither past due nor impaired 154,818,840 58,661,161 Past due not impaired: Less than 30 days 91,276,314 1,332,592 31 to 90 days 53,375,362 75,324,157 91 to 180 days 50,026,996 29,883,153 194,678,672 106,539,902 349,497,512 165,201,063 Impaired 4,041,262 2,892,042 353,538,774 168,093,105 Trade receivables that are neither past due nor impaired are creditworthy receivables with good payment records with the Group. As at 31 December 2017, trade receivables of RM194,678,672 (2016: RM106,539,902) 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 RM4,041,262 (2016: RM2,892,042), 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. 16. Amount Due from Subsidiaries Company 2017 2016 RM RM Amount due from subsidiaries 316,192,595 300,559,741 Less: Accumulated impairment losses (15,471,589) (15,471,589) 300,721,006 285,088,152 These amounts represent unsecured, interest free advances and are repayable on demand except for an amount of RM44,292,469 (2016:RM50,000,000) which bears interest at 6.3% (2016: 6.3%) per annum. 142 DESTINI BERHAD Financial Statements Notes to the 31 December 2017