15. TRADE AND OTHER RECEIVABLES (continued) (e) Credit risk and impairment policy for trade receivables (continued) The following table provides information about the exposure to credit risk and ECLs for trade receivables which are grouped together as they are expected to have similar risk nature. Gross carrying Loss Net Group amount allowances balance RM’000 RM’000 RM’000 2023 Current (not past due) 17,465 (32) 17,433 1 - 30 days past due 5,316 (49) 5,267 31 - 180 days past due 12,467 (169) 12,298 181 - 330 days past due 1,053 (116) 937 More than 330 days past due 2,463 (2,130) 333 38,764 (2,496) 36,268 Credit impaired Individually impaired 173 (173) - 38,937 (2,669) 36,268 Gross carrying Loss Net Group amount allowances balance RM’000 RM’000 RM’000 2022 Current (not past due) 17,099 (95) 17,004 1 - 30 days past due 4,324 (81) 4,243 31 - 180 days past due 11,517 (362) 11,155 181 - 330 days past due 905 (54) 851 More than 330 days past due 3,144 (2,567) 577 36,989 (3,159) 33,830 Credit impaired Individually impaired 656 (656) - 37,645 (3,815) 33,830 The movements in the allowance for impairment in respect of trade and other receivables during the financial year are shown below: Lifetime Credit Group ECL impaired Total RM’000 RM’000 RM’000 Trade Balance as at 1 September 2021 4,100 1,407 5,507 Net remeasurement of loss allowance (941) (103) (1,044) Receivables written-off - (648) (648) Balance as at 31 August 2022/ 1 September 2022 3,159 656 3,815 Net remeasurement of loss allowance (663) (22) (685) Receivables written-off - (461) (461) Balance as at 31 August 2023 2,496 173 2,669 ANNUAL REPORT 2023 SASBADI HOLDINGS BERHAD 115 Financial Statements (continued)
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