Annual Report 2023 159 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 12. TRADE RECEIVABLES (CONT’D) Group 2023 2022 RM’000 RM’000 Allowance for impairment losses:- At 1 April 2022/2021 (7,562) (3,906) Addition (Note 37) (3,572) (3,656) Write back 53 - Written off 208 - At 31 March 2023/2022 (10,873) (7,562) The Group’s normal trade credit terms range from 30 to 90 (2022 - 30 to 90) days. Other credit terms are assessed and approved on a case-by-case basis. The allowance for impairment losses is made on those trade receivables from those companies which are in serious financial difficulties and which have defaulted on payments. Accrued income represents revenue earned for work performed and goods delivered but the related invoices have yet to be issued. 13. PROJECTS-IN-PROGRESS Group 2023 2022 RM’000 RM’000 At costs:- Site preparation - 1,750 Machinery - 212 Technical services 1,588 1,209 Others 9 9 1,597 3,180
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