Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 147 FINANCIAL STATEMENTS CORPORATE GOVERNANCE ANALYSIS OF SHAREHOLDINGS OTHER INFORMATION ANNUAL GENERAL MEETING 24 INVENTORIES Group 31.12.2012 31.12.2011 1.1.2011 RM’000 RM’000 RM’000 Telecommunications materials and supplies 12,022 13,617 24,343 Telecommunications equipment 11,256 28,277 75,502 Devices 94,552 68,355 114,253 117,830 110,249 214,098 The Group reversed RM6,578,000 (2011: RM1,165,000) in respect of part of an inventory write down that was not required subsequently as the Group was able to utilise those inventories. 25 RECEIVABLES, DEPOSITS AND PREPAYMENTS Group Company Note 31.12.2012 31.12.2011 1.1.2011 31.12.2012 31.12.2011 1.1.2011 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Trade receivables (a) 641,283 602,734 685,423 – – – Other receivables 70,487 55,417 54,745 252 50 19 Deposits 99,999 107,132 95,337 – – – Prepayments 187,290 181,485 195,875 511 1,044 1,353 999,059 946,768 1,031,380 763 1,094 1,372 Allowance for impairment: (b) - trade receivables (56,368) (70,681) (80,049) – – – - other receivables (8,317) (5,120) (2,104) – – – - deposits (12,090) (12,956) (12,898) – – – (76,775) (88,757) (95,051) – – – 922,284 858,011 936,329 763 1,094 1,372 (a) Trade receivables The Group’s credit policy provides trade receivables with credit periods of up to 30 days (31.12.2011: 30 days; 1.1.2011: 30 days). The Group has no significant exposure to any individual customer, geographical location or industry category. Significant credit and recovery risks associated with receivables have been provided for in the financial statements. Given the varied nature of the Group’s customer base, the following analysis of trade receivables by type of customer is considered the most appropriate disclosure of credit concentrations.