SCC Holdings Berhad Annual Report 2018

SCC Holdings Berhad | Annual Report 2018 82. NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2018 (CONT’D) 30. Financial Instruments (cont’d) (b) Financial risk management (cont’d) (i) Credit risk (cont’d) Trade receivables (cont’d) The following table provides information about the exposure to credit risk and ECLs for trade receivables of the Group as at 31 December 2018: Gross trade Allowance for Net receivables Impairment balance RM RM RM Group 2018 Current 6,150 (8) 6,142 Past due or not impaired - Less than 30 days 4,313 (8) 4,305 - 31 to 60 days 1,062 (2) 1,060 - 61 to 90 days 1,985 (19) 1,966 - more than 90 days 1,594 (52) 1,542 15,104 (89) 15,015 Credit impaired More than 90 days - Individually impaired 262 (262) - 15,366 (351) 15,015 The movement in the allowance for impairment losses in respect of trade receivables of the Group during the financial year are as follows: Lifetime Credit ECL impaired Total RM RM RM Group At 1 January 2018, as previously stated - 303 303 Opening balance adjustment from adoption of MFRS 9 43 - 43 At 1 January 2018, as restated 43 303 346 Impairment loss recognised 47 56 103 Impairment loss reversed (1) (97) (98) At 31 December 2018 89 262 351