136 FGV HOLDINGS BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 29 AMOUNTS DUE FROM/(TO) ULTIMATE HOLDING COMPANY, SUBSIDIARIES, JOINT VENTURES, AN ASSOCIATE AND OTHER RELATED COMPANIES (CONTINUED) (a) Reconciliation of loss allowance Amounts due from subsidiaries using general 3 stage approach The loss allowance for amounts due from subsidiaries as at 31 December 2021 reconciles to the opening loss allowance balance as follows: Under- Non- Performing performing performing Total Company RM’000 RM’000 RM’000 RM’000 Opening loss allowance as at 1 January 2020 – – 12,434 12,434 Decrease in loss allowance (net) – – (813) (813) Loss allowance as at 31 December 2020/1 January 2021 – – 11,621 11,621 Decrease in loss allowance (net) – – (96) (96) Write-off – – (20) (20) Closing loss allowance as at 31 December 2021 – – 11,505 11,505 The following table contains an analysis of the credit exposure of amounts due from subsidiaries for which an ECL allowance is recognised, based on individual impairment assessment: Under- Non- Performing performing performing Total Company RM’000 RM’000 RM’000 RM’000 31 December 2021 Gross carrying amount 344,352 – 11,505 355,857 Loss allowance – – (11,505) (11,505) Carrying amount (net of loss allowance) 344,352 – – 344,352 31 December 2020 Gross carrying amount 775,893 – 11,621 787,514 Loss allowance – – (11,621) (11,621) Carrying amount (net of loss allowance) 775,893 – – 775,893
RkJQdWJsaXNoZXIy NDgzMzc=