138 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 (continued) Non-trade amounts due from joint ventures using general 3 stage approach The loss allowance for non-trade amounts due from joint ventures as at 31 December 2021 reconciles to the opening loss allowance balance 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 – – 138,099 138,099 Increase in loss allowance (net) – – 4,000 4,000 Loss allowance as at 31 December 2020/1 January 2021/ 31 December 2021 – – 142,099 142,099 The following table contains an analysis of the credit exposure non-trade amounts due from joint ventures for which an ECL allowance is recognised, based on individual impairment assessment: Non- Performing performing Total Group RM’000 RM’000 RM’000 31 December 2021 Gross carrying amount – 142,099 142,099 Individual assessment – (142,099) (142,099) Carrying amount (net of loss allowance) – – – 31 December 2020 Gross carrying amount – 142,099 142,099 Individual assessment – (142,099) (142,099) Carrying amount (net of loss allowance) – – –
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