2020 UEM Edgenta Annual Report

20. TRADE AND OTHER RECEIVABLES (CONTD.) Movements in allowance for ECL: Group Company RM’000 2020 2019 2020 2019 At 1 January 55,089 76,789 25,409 18,304 Charge for the year (Note 7) 1,936 6,214 2,251 7,105 Reversal of allowance (Note 5) (4,231) (28,019) – – Written off (6,432) – – – Exchange differences – 105 – – At 31 December 46,362 55,089 27,660 25,409 a. Trade receivables T rade receivables are non-interest bearing and are generally on 30 to 90 days (2019: 30 to 90 days) terms. They are recognised at their original invoice amounts which represent their fair values on initial recognition. Ageing analysis of trade receivables The ageing analysis of the Group’s trade receivables is as follows: Group RM’000 2020 2019 Neither past due nor impaired 142,423 139,972 1 to 30 days past due from the credit terms but not impaired 66,011 142,564 31 to 60 days past due from the credit terms but not impaired 26,916 33,018 61 to 90 days past due from the credit terms but not impaired 23,893 24,854 91 to 120 days past due from the credit terms but not impaired 6,101 24,700 More than 121 days past due from the credit terms but not impaired 77,139 101,741 200,060 326,877 Impaired 43,892 52,109 386,375 518,958 UEM EDGENTA BERHAD 256 Financial Statements NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020