MKH Annual Report 2017

19. RECEIVABLES, DEPOSITS AND PREPAYMENTS (continued) (d) Trade receivables (continued) (ii) The ageing analysis of the Group’s trade receivables is as follows: (continued) Receivables that are impaired The movement of allowance accounts used to record the impairment is as follows: The Group 2017 2016 RM RM At beginning of year 933,700 884,353 Addition 59,906 108,808 No longer required (64,942) (59,461) Written off (13,119) - At end of year 915,545 933,700 Trade receivables that are individually determined to be impaired at the reporting date relate to debtors that are in significant financial difficulties and have defaulted on payment. These receivables are not secured by any collateral or credit enhancements. (iii) Included in trade receivables of the Group are: (a) retention sums amounting to RM71,415,710 (2016: RM54,274,546) held by stakeholders; (b) amounts of RMNil (2016: RM94,425) due from key management personnel of the Group in respect of purchase of development properties of the Group which include retention sum of RMNil (2016: RM94,425) held by stakeholders; (c) amounts of RM387,504 (2016: RM231,657) due from a corporate shareholder of a subsidiary in respect of purchase of development properties of the said subsidiary which include retention sum of RMNil (2016: RM231,657) held by stakeholders; (d) amount of RMNil (2016: RM87,850) due from a director of the Company in respect of purchase of development properties of the Group which include retention sum of RMNil (2016: RM87,850) held by stakeholders; (e) amount of RM30,000 (2016: RM88,150) due from a person connected to certain directors of the Company in respect of purchase of development properties of the Group which include retention sum of RM30,000 (2016: RM98,150) held by stakeholders; and (f) amount of RM2,160,395 (2016: RM72,870) due from an associate. Notes to the Financial Statements For the Financial Year ended 30 September 2017 154 MKH Berhad • Annual Report 2017