Yinson Annual Report 2021

269 ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 24. Trade and other receivables (continued) (b) Other receivables (continued) Amounts due from subsidiaries bear interest of COF + 0.50% per annum and are denominated in USD and RM. The amounts are unsecured and revolving on daily basis, except for amounts of RM14 million as at 31 January 2021 (2020: RM401 million) which were not expected to be recovered within the next 12 months. Amounts due from subsidiaries which are non interest bearing are denominated in USD and RM. These amounts are unsecured and revolving on daily basis, except for amounts of RM43 million as at 31 January 2021 (2020: RM239 million) which were not expected to be recovered within next 12 months. Included in the amounts due from subsidiaries as at 31 January 2021 were advances novated from subsidiaries of RM429 million (2020: RM656 million), which arose from an internal re-organisation exercise carried out during the prior financial year. Movement for other receivables allowance for impairment accounts: Performing Under- performing Not performing Total RM million RM million RM million RM million Group At 1 February 2019 7 - 38 45 Charge for the financial year (2) - - (2) Exchange differences 1 - - 1 At 31 January 2020 and 1 February 2020 6 - 38 44 Charge for the financial year - - 12 12 Reversal of impairment loss (3) - (3) (6) Written off - - (15) (15) At 31 January 2021 3 - 32 35 Company At 1 February 2019 - 19 83 102 Charge for the financial year - 3 2 5 Reversal of impairment loss - (8) (4) (12) At 31 January 2020 and 1 February 2020 - 14 81 95 Reversal of impairment loss - - (15) (15) Exchange differences - - (1) (1) At 31 January 2021 - 14 65 79 Allowance for impairment is related to amounts due from its subsidiaries. Refer to Note 42(b)(ii) for the Group's and the Company's definition on performing, under-performing and not performing.