notes to the financial statements 31 march 2025 (cont’d.) 21. Trade receivables (cont’d.) The table below is an analysis of trade receivables at the end of the reporঞng year: GROUP 2025 RM’000 2024 RM’000 Neither past due not impaired 76,306 48,642 Past due but not impaired 106,384 137,463 Past due and impaired 53 53 182,743 186,158 Ageing past due but not impaired Past due 1 to 30 days 27,324 30,723 Past due 31 to 60 days 18,037 23,914 Past due 61 to 90 days 14,348 28,758 Past due more than 90 days 46,675 54,068 106,384 137,463 Ageing of past due and impaired Past due more than 90 days 53 53 Receivables that are neither past due nor impaired Trade receivables that are neither past due nor impaired are creditworthy debtors with good payment records with the Group. None of the Group’s trade receivables that are neither past due nor impaired have been renegoঞated during the financial year. Receivables that are past due but not impaired The Group has trade receivables amounঞng to RM106,384,000 (2024: RM137,463,000) that are past due at the reporঞng date but not impaired. These receivables are not secured by any collateral or credit enhancement. Trade receivables that were past due but not impaired relate to customers that have a good track record with the Group. Based on past experience and no adverse informaঞon to date, the management are of the opinion that no allowance for impairment is necessary in respect of these balances as there have not been a significant change in the credit quality and the balances are sঞll considered fully recoverable. Receivables that are impaired The Group’s trade receivables that are impaired at the reporঞng date and the movement of the allowance accounts used to record the impairment are as follows: GROUP 2025 RM’000 2024 RM’000 Trade receivables 53 53 Less: Allowance for impairment loss (53) (53) – – 197 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 07 FINANCIAL STATEMENTS
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