131 AUDITED FINANCIAL STATEMENTS 2021 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 27 RECEIVABLES (CONTINUED) (a) Reconciliation of loss allowance (continued) (i) Trade receivables using simplified approach (continued) The following table contains an analysis of the credit exposure of trade receivables for which an ECL allowance is recognised, based on collective and individual impairment assessment: Up to 31 days to More than 30 days past 90 days 91 days past Current due past due due Total Group RM’000 RM’000 RM’000 RM’000 RM’000 31 December 2021 Gross carrying amount 873,024 162,300 39,976 226,126 1,301,426 Individual impairment - credit impaired – – – (162,262) (162,262) 873,024 162,300 39,976 63,864 1,139,164 Expected credit loss rate 0% 0.1% 0.7% 23.0% Collective impairment (380) (96) (293) (14,716) (15,485) Carrying amount (net of loss allowance) 872,644 162,204 39,683 49,148 1,123,679 31 December 2020 Gross carrying amount 701,040 353,075 38,538 207,837 1,300,490 Individual impairment - credit impaired – – – (172,556) (172,556) 701,040 353,075 38,538 35,281 1,127,934 Expected credit loss rate 0.2% 0.2% 7.7% 40.8% Collective impairment (1,322) (658) (2,974) (14,393) (19,347) Carrying amount (net of loss allowance) 699,718 352,417 35,564 20,888 1,108,587 (ii) Other receivables and deposits using general 3 stage approach The loss allowance for other receivables and deposits as at 31 December 2021 reconciles to the opening loss allowance for that provision as follows: Under- Non- Performing performing performing Total Group RM’000 RM’000 RM’000 RM’000 Opening loss allowance as at 1 January 2020 – 1,318 20,899 22,217 Increase in loss allowance (net) – – 467 467 Write-offs – – (83) (83) Foreign exchange movements – – 48 48 Loss allowance as at 31 December 2020/ 1 January 2021 – 1,318 21,331 22,649 Increase/(decrease) in loss allowance (net) – 7,165 (176) 6,989 Closing loss allowance as at 31 December 2021 – 8,483 21,155 29,638
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