Integrated Annual Report 2023 2 3 4 5 6 7 8 9 1 329 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 22. TRADE AND OTHER RECEIVABLES Group 2023 RM’000 2022 RM’000 Current Trade receivables (Note a) Third parties 476,704 370,047 Related companies 54,790 46,291 Associates 8,741 11,995 540,235 428,333 Less: Allowance for expected credit losses (“ECL”): Third parties (38,082) (34,829) Related companies (6,314) (6,351) (44,396) (41,180) Retention receivables: Third parties 15,292 4,624 Related companies 5,199 7,495 20,491 12,119 Trade receivables, net 516,330 399,272 Concession receivable (Note c) 22,600 22,600 Other receivables (Note b) Amounts due from related parties: Associates 2,158 7,221 Joint venture 11 11 Related companies 994 630 3,163 7,862 Deposits 36,708 29,022 Sundry receivables 25,537 13,844 65,408 50,728 Less: Allowance for ECL: Sundry receivables (2,860) (2,977) Other receivables, net 62,548 47,751 Other current assets Prepayments 19,822 22,047 Total 621,300 491,670
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