Maxis Berhad
Annual Report 2014
146
Notes to the
Financial Statements
31 December 2014
24 RECEIVABLES, DEPOSITS AND PREPAYMENTS
Group
Company
Note
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Trade receivables
(a)
624,883
668,537
-
-
Other receivables
151,875
106,016
79
29
Deposits
91,279
96,555
-
-
Prepayments
172,911
145,822
1,736
419
1,040,948
1,016,930
1,815
448
Allowance for impairment:
(b)
- trade receivables
(53,086)
(46,503)
-
-
- other receivables
(7,180)
(13,020)
-
-
- deposits
(10,229)
(10,687)
-
-
(70,495)
(70,210)
-
-
970,453
946,720
1,815
448
(a) Trade receivables
The Group’s credit policy provides trade receivables with credit periods of up to 60 days (2013: up to 60 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.
Group
2014
RM’000
2013
RM’000
Subscribers:
- individual
308,484
337,204
- corporate
139,753
131,419
Interconnect and roaming:
- domestic
86,700
87,358
- international
32,139
60,754
Distributors
57,807
51,802
624,883
668,537
Trade receivables are secured by subscribers’ deposits and bank guarantees of RM32,137,000 (2013: RM41,024,000) and
RM50,950,000 (2013: RM50,950,000) respectively.
