158 SECTION 05 : FINANCIAL STATEMENTS & OTHERS Notes To The Financial Statements (Cont’d) 31 March 2025 Registration No: 62 199201005296 (236800 - T) 9. TRADE AND OTHER RECEIVABLES (continued) (e) (continued) It requires management to exercise significant judgement in determining the probability of default by trade receivables and appropriate forward-looking information. Expected credit loss allowance for trade receivables are as follows: Gross Group carrying Total Net amount allowance balance 2025 RM’000 RM’000 RM’000 Current (not past due) 1,119 * 1,119 Past due - 1 to 30 days 281 * 281 - 31 to 60 days 44 * 44 - More than 90 days 209 * 209 1,653 * 1,653 2024 Current (not past due) 877 * 877 Past due - 1 to 30 days - * - - 61 to 90 days 509 * 509 1,386 * 1,386 * The amount is immaterial to disclose. (f) As at the end of each reporting period, no collateral has been obtained by the Group. Thus, the maximum credit risk exposure is equivalent to the gross carrying amount of trade receivables of the Group. (g) During the financial year, the Group did not renegotiate the terms of any trade receivables. (h) Impairment for other receivables and amounts due from subsidiaries are recognised based on the general approach within MFRS 9 using the forward looking expected credit loss model. The methodology used to determine the amount of the impairment is based on whether there has been a significant increase in credit risk since initial recognition of the financial asset. At the end of the reporting period, the Group assessed whether there has been a significant increase in credit risk for financial assets by comparing the risk of default since initial recognition. For those in which the credit risk has not increased significantly since initial recognition of the financial asset, twelve-months expected credit losses along with gross interest income are recognised. For those in which credit risk has increased significantly, lifetime expected credit losses along with the gross interest income are recognised. For those that are determined to be credit impaired, lifetime expected credit losses along with interest income on a net basis are recognised. The Group defined significant increase in credit risk based on changes to contractual terms, payment delays and past due information.
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