Serba Dinamik Annual Report 2018

230 ANNUAL REPORT 2018 SERBA DINAMIK HOLDINGS BERHAD 10. Contract balances (continued) 10.1 Contract assets/(liabilities) (continued) Significant changes to contract assets and contract liabilities balances during the period are as follows: 2018 2017 RM’000 RM’000 Group Contract assets at the beginning of the period not transferred to trade receivables due to change in time frame ( 40,540) - ========== ========== 10.2 Impairment assessment on contract assets Credit risk on contract assets arose from O&M and EPCC projects undertaken by the Group. As at end of the reporting period, the maximum exposure to credit risk arising from contract assets is represented by the carrying amount in the statement of financial position. Management has taken reasonable steps to ensure the contract assets are not credit impaired. 11. Trade and other receivables Group Company 2018 2017 2018 2017 Note RM’000 RM’000 RM’000 RM’000 Trade Trade receivables 923,617 755,011 - - -------------- -------------- -------------- -------------- Non-trade Amount due from subsidiaries 11.1 - - 1,365,410 420,735 Amount due from an associate 11.2 13,593 59,700 - - Other receivables 20,067 25,083 - - _________ _________ _________ _________ 33,660 84,783 1,365,410 420,735 -------------- -------------- -------------- -------------- Total 957,277 839,794 1,365,410 420,735 ======== ======== ======== ======== N O T E S T O T H E F I N A N C I A L S TAT E M E N T