NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 (CONT’D) 37. FINANCIAL INSTRUMENTS (CONT’D) 37.1 FINANCIAL RISK MANAGEMENT POLICIES (CONT’D) (b) Credit Risk (Cont’d) (iii) Assessment of Impairment Losses (Cont’d) Trade Receivables (Cont’d) Allowance for Impairment Losses (Cont’d) Gross Amount Lifetime Individual Allowance Lifetime Collective Allowance Carrying Amount The Group RM’000 RM’000 RM’000 RM’000 2024 Trade receivables with credit terms: - current (not past due) 60,250 - - 60,250 - 1 to 30 days past due 46,396 - - 46,396 - 31 to 60 days past due 25,349 - - 25,349 - 61 to 90 days past due 7,330 - - 7,330 - more than 90 days past due 18,908 (8,616) - 10,292 158,233 (8,616) - 149,617 Trade receivables without credit terms # 2,532 - - 2,532 160,765 (8,616) - 152,149 Note:- #- The Group’s normal trade credit terms range from 30 to 120 days. Other credit terms are assessed and approved on a case-by-case basis which include back-to-back arrangement i.e. the Group will receive payment when its customers received theirs. The allowance for impairment losses (determined on an individual basis) relates to credit impaired trade receivables who are in significant financial difficulties and have defaulted on payments. No impairment losses are provided for the remaining trade receivables because there have been no significant changes in their credit quality and the amounts are considered recoverable but with slower repayment records. There has not been any significant change in the gross amounts of trade receivables that impacted the allowance for impairment losses. 228 KEYFIELD INTERNATIONAL BERHAD (Incorporated in Malaysia) | Registration No: 202001038989 (1395310 - M)
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