Notes to the Financial Statements Registration No. 200301030845 (633265-K) - 100 - 15. Trade Receivables 2022 2021 RM RM Trade receivables 79,195,842 97,578,192 Less: Accumulated impairment losses (35,193,664) (31,408,478) 44,002,178 66,169,714 Group The Group’s normal trade credit terms range from 30 to 90 days (2021: 30 to 90 days). Other credit terms are assessed and approved on a case by case basis. Movements in allowance for impairment loss are as follows: 2022 2021 RM RM At 1 January 31,408,478 31,823,415 Impairment loss recognised 19,851,293 1,717,970 Impairment loss reversed (1,078,646) (563,816) Amount written off (15,028,280) (1,569,091) Effect of exchange translation difference 40,819 - At 31 December 35,193,664 31,408,478 Group The loss allowance account in respect of trade receivables is used to record loss allowance. Unless the Group is satisfied that recovery of the amount is possible, the amount considered irrecoverable is written off against the receivable directly. 178 DESTINI BERHAD ANNUAL REPORT 2022
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