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Asia Media Group Berhad
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Annual Report 2015
Notes to the Financial Statements
(continued)
pg.
103
10. Trade and other receivables (cont’d)
Trade receivables of the Group are non-interest bearing and normal credit term are 30 days
(2014: 30 days). They are recognised at their original invoiced amounts which represent their
fair values on initial recognition.
The Group have no significant concentration of credit risk that may arise from exposure to a
single customer or to groups of customers, other than as disclosed in Note 25 to the financial
statements.
Amounts due from subsidiaries are mainly in respect of advances and payments made on behalf.
These balances are unsecured and interest-free. Amounts which have been impaired relate
mainly to amount due from subsidiaries, due to unfavourable market conditions and demand.
Ageing analysis of trade receivables
The ageing analysis of the Group’s trade receivables is as follows:
2015
2014
RM
RM
Neither past due nor impaired
60,000 1,365,802
1 to 30 days past due not impaired
– 1,252,300
31 to 120 days past due not impaired
372,498
674,900
More than 120 days past due not impaired
59,064
438,245
431,562 2,365,445
Impaired and provided for
648,173
92,123
1,139,735 3,823,370