AUDITED FINANCIAL STATEMENTS 2022 133 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 26 RECEIVABLES (CONTINUED) The receivables are denominated as follows: Group Company 2022 RM’000 2021 RM’000 2022 RM’000 2021 RM’000 - Ringgit Malaysia 936,780 791,222 7,603 14,245 - United States Dollar 797,971 686,739 - - - Indonesian Rupiah 687 2,186 - - - Thai Baht 2,105 2,144 - - - Pakistan Rupee 311 608 - - - Singapore Dollars 152 117 - - - Indian Rupee 341 200 - - - Euro 279 - - - 1,738,626 1,483,216 7,603 14,245 The credit terms of trade receivables are up to 90 days (2021: 90 days). (a) Reconciliation of loss allowance (i) Trade receivables using simplified approach The loss allowance for trade receivables as at 31 December 2022 reconciles to the opening loss allowance balance as follows: Group Non-credit impaired RM’000 Credit impaired RM’000 Total RM’000 Opening loss allowance as at 1 January 2021 19,347 172,556 191,903 Decrease in loss allowance (net) (3,774) (273) (4,047) Write-offs (88) (9,816) (9,904) Foreign exchange movements - (205) (205) Loss allowance as at 31 December 2021/1 January 2022 15,485 162,262 177,747 (Decrease)/increase in loss allowance (net) (394) 2,745 2,351 Write-offs (33) (15,340) (15,373) Foreign exchange movements - 3,640 3,640 Closing loss allowance as at 31 December 2022 15,058 153,307 168,365
RkJQdWJsaXNoZXIy NDgzMzc=