NOTES TO THE FINANCIAL STATEMENTS Registration No. 200301030845 (633265-K) - 99 - 11. Other Receivables 30.6.2024 31.12.2022 30.6.2024 31.12.2022 RM RM RM RM Non-Current Asset Other receivables - 14,386,972 - 13,061,519 Current Assets Other receivables 61,130,496 13,798,802 55,712,617 3,442,121 Deferred cost 328,401 3,418,224 - - GST receivable 3,719,248 3,639,563 - - Deposits 10,822,126 1,940,879 134,830 134,830 Prepayments 40,407,855 26,438,983 398,335 2,281,884 116,408,126 49,236,451 56,245,782 5,858,835 Less: Accumulated impairment losses - Other receivables (57,609,987) (3,273,958) (54,582,731) (2,088,760) - GST receivable (3,215,621) - - Deposits (157,504) (269,554) (9,500) (9,500) - Prepayments (6,333,923) (4,424,818) (70,000) (70,000) (67,317,035) (7,968,330) (54,662,231) (2,168,260) 49,091,091 41,268,121 1,583,551 3,690,575 49,091,091 55,655,093 1,583,551 16,752,094 Group Company Non-current assets This represented unsecured balance receivables from Safeair Technical Sdn. Bhd., with interest bearing and is not expected to be repayable within twelve months. Movements in allowance for impairment loss of other receivables during the financial period are as follows: 30.6.2024 31.12.2022 30.6.2024 31.12.2022 RM RM RM RM At 1 January 7,968,330 1,291,911 2,168,260 470,156 Impairment loss recognised 64,181,573 6,695,609 52,493,971 1,698,104 Deconsolidation of subsidiary company (4,814,894) - - - Written off (17,974) (19,190) - - At 30 June /31 December 67,317,035 7,968,330 54,662,231 2,168,260 Group Company Other receivables that are individually determined to be impaired at the reporting date relate to debtors that are in significant financial difficulties and have defaulted on payments. 176 DESTINI BERHAD ANNUAL REPORT 2024
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