My EG Services Berhad Annual Report 2020

MY E.G. SERVICES BERHAD Regisration No. 200001003034 (505639-K) 186 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2020 (CONT’D) 16. TRADE RECEIVABLES The Group The Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Trade receivables 172,103 156,053 1,003 313 Allowance for impairment losses (5) (15) - - 172,098 156,038 1,003 313 Accrued income 685 747 - - 172,783 156,785 1,003 313 Allowance for impairment losses under MFRS 9:- At 1 January 2020/ 1 October 2018 (15) (13) - - Addition during the financial period - (33) - - Reversal during the financial year/period 2 31 - - Written off during the financial year 8 - - - At 31 December 2020/2019 (5) (15) - - The Group’s normal trade credit terms range from cash terms to 180 (2019 - cash terms to 180) days. Other credit terms are assessed and approved on a case-by-case basis.