ENRA Group Berhad Annual Report 2018

85 A N N U A L R E P O R T 2 0 1 8 NOTES TO THE FINANCIAL STATEMENTS 31 March 2018 cont’d 12. TRADE AND OTHER RECEIVABLES (Cont’d) The Group assesses annually at the end of the reporting period whether there is objective evidence that a financial asset or group of financial assets is impaired. A financial asset or group of financial assets is impaired and impairment losses are incurred only if there is objective evidence of impairment as a result of one or more events that occurred after the initial recognition of the asset (“loss event”) and that loss event (or events) has an impact on the estimated future cash flows of the financial asset or group of financial assets than can be reliably estimated. (c) The currency exposure profile of receivables (exclude prepayments) are as follows: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Ringgit Malaysia 40,530 76,038 30,702 26,143 US Dollar 1,253 460 - - British Pound 205 81 44,445 26,402 41,988 76,579 75,147 52,545 (d) The ageing analysis of trade receivables of the Group and of the Company are as follows: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Neither past due nor impaired 5,566 16,978 537 546 Past due, not impaired - 61 to 90 days 1,689 14,372 433 269 - More than 90 days 21,191 24,293 1,687 503 22,880 38,665 2,120 772 Past due and impaired 34 34 34 34 28,480 55,677 2,691 1,352 Receivables that are neither past due nor impaired Trade receivables that are neither past due nor impaired are creditworthy receivables with good payment records with the Group and the Company. None of the trade receivables of the Group and of the Company that are neither past due nor impaired have been renegotiated during the financial year.