Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2022 153 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 28. FINANCIAL INSTRUMENTS (CONT’D) (a) Financial Risk Management Policies (Cont’d) Credit Risk (Cont’d) (iii) Assessment of impairment losses (Cont’d) • Trade receivables (Cont’d) The information about the exposure to credit risk and the loss allowances calculated under MFRS 9 for trade receivables are summarised below: Gross Individual Collective Carrying Amount Impairment Impairment Amount The Group RM RM RM RM 2022 Not past due 96,183,959 - - 96,183,959 Past due: - less than 1 month 16,255,621 - - 16,255,621 - 1 to 9 months 12,140,080 - (493,622) 11,646,458 - over 9 months 587,097 (224,883) (362,214) - Trade receivables 125,166,757 (224,883) (855,836) 124,086,038 2021 Not past due 94,116,790 - - 94,116,790 Past due: - less than 1 month 12,328,428 - - 12,328,428 - 1 to 9 months 8,838,442 - - 8,838,442 - over 9 months 1,668,513 (1,228,387) (123,885) 316,241 Trade receivables 116,952,173 (1,228,387) (123,885) 115,599,901 The movements in the loss allowances in respect of trade receivables is disclosed in Note 14 to the financial statements.
RkJQdWJsaXNoZXIy NDgzMzc=