NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 104 - 15. Trade Receivables (Cont’d) Trade receivables that are neither past due nor impaired are creditworthy receivables with good payment records with the Group. As at 31 December 2021, trade receivables of RM51,090,935 (2020: RM57,244,314) 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 RM27,270,695 (2020: RM28,183,247), 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/(to) Subsidiaries 2021 2020 RM Amount due from subsidiaries 275,180,778 267,165,752 Less: Accumulated impairment losses (15,471,589) (15,471,589) 259,709,189 251,694,145 Amount due to subsidiaries (485,560) (1,389,884) Company 17. Amount Due from Joint Ventures This amount represents unsecured, interest free advances and is repayable on demand. 18. Amount Due from An Associate Company This represents unsecured, interest free advances and are repayable on demand. 181 ANNUAL REPORT 2021 • DESTINI BERHAD
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