Tropicana Corporation Berhad Annual Report 2019

23. TRADE AND OTHER RECEIVABLES (CONT’D.) (a) Trade receivables (cont’d.) Receivables that are impaired The Group’s trade receivables that are individually impaired at the reporting date and the movement of the accumulated impairment losses is as follows: Group Individually impaired 2019 2018 RM’000 RM’000 Trade receivables - nominal amount 8,860 8,490 Less: Accumulated impairment losses (8,860) (8,490) – – Movement in the accumulated impairment losses: Group 2019 2018 RM’000 RM’000 At 1 January 8,490 11,237 Charge for the financial year 782 281 Reversal of impairment loss (412) (3,028) At 31 December 8,860 8,490 Trade receivables that are individually determined to be impaired at the end of the financial year relate to debtors that are in significant financial difficulties and have defaulted on payments. These receivables are not secured by any collateral or credit enhancements. (b) Other receivables (i) Government grant In financial year ended 31 December 2015, a subsidiary of the Group had received a Government grant from the Government of Malaysia (“ The Government ”). The grant is in relation to provision of financial assistance from the Government for one of the Group’s property development projects (“ the Project ”). There were no unfulfilled conditions or contingencies attached to this grant. The grant is for an amount not exceeding RM106,800,000 or an amount equivalent to ten percent (10%) of the actual construction costs of the Project, whichever is lower to facilitate the Project. Part of the grant amounting to RM53,400,000 has been disbursed in 2017 and the remainder has lapsed during the financial year. pg 205 Tropicana Corporation Berhad Annual Report 2019 Sustainability at Tropicana What We’ve Governed Financial Statements & Other Information