Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2019 (cont’d) 132 21. Trade and other receivables (cont'd) (a) Trade receivables (cont'd) Receivables that are impaired 2019 2018 RM RM Trade receivables - nominal amounts 14,286,048 14,895,398 Less: Allowance for impairment (14,286,048) (14,895,398) - - Movement in allowance accounts: At 1 January 14,895,398 13,058,445 Charge for the year (Note 7) 630,464 1,838,324 Reversal of impairment loss (Note 7) (209,039) - Written off (1,030,775) - Translation difference - (1,371) At 31 December 14,286,048 14,895,398 (b) Amount due from subsidiaries The Group's trade receivables that are impaired at the reporting date and the movement of the allowance accounts used to record the impairment are as follows: Individually impaired Trade receivables that are individually determined to be impaired at the reporting date relate to debtors that have defaulted on payments. These receivables are not secured by any collateral or credit enhancements. Group The amount due from subsidiaries are unsecured, bear interest at 3.30% (2018: 3.35%) per annum and are repayable on demand.