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147
Maxis Berhad
Annual Report 2014
Notes to the
Financial Statements
31 December 2014
24 RECEIVABLES, DEPOSITS AND PREPAYMENTS (CONTINUED)
(a) Trade receivables (continued)
The ageing analysis of the Group’s gross trade receivables is as follows:
Group
2014
RM’000
2013
RM’000
Neither past due nor impaired
475,289
503,623
1 to 90 days past due not impaired
9,340
8,535
91 to 180 days past due not impaired
637
1,107
More than 180 days past due not impaired
220
574
485,486
513,839
Impaired
(1)
:
- collectively
105,094
128,019
- individually
(2)
34,303
26,679
139,397
154,698
624,883
668,537
Notes:
(1)
Represents gross trade receivables which have been either partially or fully impaired.
(2)
Individually impaired due to default in payment terms.
Trade receivables that are neither past due nor impaired
With respect to the trade receivables that are neither past due nor impaired, there is no indication as of the reporting date
that the debtors will not meet their payment obligations since the Group selects the highest possible quality creditworthy
counterparties. The quality of these trade receivables is such that management believes no impairment provision is necessary,
except in situations where they are part of individually impaired trade receivables.
Trade receivables that are past due but not impaired
No allowance for impairment was made in respect of these past due trade receivables based on the past historical collection trends.
(b) Allowance for impairment
Movement on the Group allowance for impairment of receivables and deposits is as follows:
Group
Note
2014
RM’000
2013
RM’000
As at 1 January
70,210
76,775
Charged to statement of profit or loss
7
96,584
109,331
Reversed from statement of profit or loss
7
(24,449)
(25,576)
Amount written off
(71,850)
(90,320)
As at 31 December
70,495
70,210
