2019 UEM Edgenta Annual Report

212 213 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION Notes to the Financial Statements For the year ended 31 December 2019 Notes to the Financial Statements For the year ended 31 December 2019 UEM Edgenta Berhad Annual Report 2019 21. TRADE AND OTHER RECEIVABLES Group 2019 RM’000 2018 RM’000 Current Trade receivables (Note a) Third parties 306,909 409,067 Related companies 159,154 258,066 Associates 35,688 18,503 501,751 685,636 Less: Allowance for expected credit losses (“ECLs”): Third parties (41,087) (45,380) Related companies (11,022) (707) (52,109) (46,087) Retention receivables: Third parties 1,346 5,262 Related companies 5,046 1,121 6,392 6,383 Trade receivables, net 456,034 645,932 Concession receivable (Note c) 22,600 22,600 Other receivables (Note b) Amounts due from related parties: Associates 1,290 1,086 Holding company - 501 Related companies 3,657 463 4,947 2,050 Deposits 16,442 41,027 Sundry receivables 30,930 42,355 52,319 85,432 Less: Allowance for ECL Sundry receivables (1,628) (3,031) Related companies (1,352) (9) (2,980) (3,040) Other receivables, net 49,339 82,392 Other current assets Prepayments 9,173 13,601 Others 9,174 3,744 18,347 17,345 Total 546,320 768,269 21. TRADE AND OTHER RECEIVABLES (CONT’D.) Group 2019 RM’000 2018 RM’000 Non-current Trade receivables (Note a) Third parties - 27,662 Less: Allowance for ECL - (27,662) - - Retention receivables: Third parties 4,750 3,351 Related companies 6,065 4,613 Trade receivables, net 10,815 7,964 Concession receivable (Note c) 115,606 120,375 Total 126,421 128,339 Company 2019 RM’000 2018 RM’000 Current Other receivables (Note b) Amounts due from subsidiaries 200,371 146,561 Amount due from related parties 526 133 Deposits 856 1,863 Sundry receivables 4,541 1,952 206,294 150,509 Less: Allowance for ECL Sundry receivables (216) (216) Subsidiaries (25,193) (18,088) (25,409) (18,304) 180,885 132,205 Non-current Loan to a subsidiary (Note b) 100,975 95,754