Registration No. 200301030845 (633265-K) - 101 - 15. Trade Receivables (Cont’d) The aged analysis of trade receivables as at the end of the reporting period: Gross Loss Net amount allowance amount Group RM RM RM 2022 Neither past due nor impaired 9,685,868 (112,052) 9,573,816 Past due not impaired: Less than 30 days 2,610,139 (25,279) 2,584,860 31 to 60 days 9,119,634 (248,657) 8,870,977 61 to 90 days 3,134,589 (879) 3,133,710 More than 90 days past due 27,167,204 (7,328,389) 19,838,815 42,031,566 (7,603,204) 34,428,362 51,717,434 (7,715,256) 44,002,178 Credit impaired: Individual impaired 27,478,408 (27,478,408) - 79,195,842 (35,193,664) 44,002,178 2021 Neither past due nor impaired 15,284,897 (206,118) 15,078,779 Past due not impaired: Less than 30 days 3,922,969 (86,034) 3,836,935 31 to 60 days 1,963,376 (17,878) 1,945,498 61 to 90 days 5,256,056 (100,437) 5,155,619 More than 90 days past due 43,880,199 (3,727,316) 40,152,883 55,022,600 (3,931,665) 51,090,935 70,307,497 (4,137,783) 66,169,714 Credit impaired: Individual impaired 27,270,695 (27,270,695) - 97,578,192 (31,408,478) 66,169,714 Trade receivables that are neither past due nor impaired are creditworthy receivables with good payment records with the Group. As at 31 December 2022, trade receivables of RM34,428,362 (2021: RM51,090,935) were past due but not impaired. These relate to a number of independent customers from whom there is no recent history of default. The trade receivables of the Group that are individually assessed to be impaired amounting to RM27,478,408 (2021: RM27,270,695), related to customers that are in financial difficulties and have defaulted on payments. These balances are expected to be recovered through the debt recovery process. 179 ANNUAL REPORT 2022 DESTINI BERHAD
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