My EG Services Berhad Annual Report 2019

MY E.G. SERVICES BERHAD [Registration No. 200001003034 (505639-K)] 156 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) 16. FINANCING RECEIVABLES (CONT’D) The Group 31.12.2019 30.9.2018 RM’000 RM’000 Allowance for impairment losses under MFRS 9 (2018 - MFRS 139):- At 1 October 2018/1 July 2017 549 - Addition during the financial period 1,014 549 At 31 December 2019/30 September 2018 1,563 549 The maturity of the financing receivables is as follows:- Non-Current Later than 1 year and not later than 5 years 154,949 81,718 Later than 5 years 133,408 76,073 288,357 157,791 Current Not later than 1 year 30,674 13,900 319,031 171,691 17. INVENTORIES The Group 31.12.2019 30.9.2018 RM’000 RM’000 Used motor vehicles 692 185 New motor vehicles - 619 Finished goods 2,553 2,593 3,245 3,397 Recognised in profit or loss:- Amount written down to net realisable value 31 1 Reversal of inventories previously written down (52) - Inventories recognised as cost of sales 31,937 35,868