FGV Annual Report 2014
27 Receivables (continued) The receivables are denominated as follows: Group Company 2014 2013 2014 2013 RM’000 RM’000 RM’000 RM’000 – Ringgit Malaysia 764,415 706,561 106,704 173,912 – United States Dollar 443,072 604,216 – – – Canadian Dollar 30,357 112,944 – – – Indonesian Rupiah 9,547 6,328 – – – Thai Baht 5,669 4,708 – – – Singapore Dollars 447 399 – – – Pakistan Rupee 99 122 – – – Others 1,077 700 – – 1,254,683 1,435,978 106,704 173,912 The credit terms of trade receivables are up to 90 days (2013: up to 90 days). Past due but not impaired As at 31 December 2014, RM326,308,000 (2013: RM325,193,000) of receivables were past due but not impaired. These relate to number of external parties where there is no expectation of default. The ageing and history of default analysis of these receivables are as follows: Group No history of default History of default New customers Total RM’000 RM’000 RM’000 RM’000 2014 Less than 30 days past due 216,432 573 51,116 268,121 Between 30 and 60 days past due 26,297 148 3,756 30,201 Between 61 and 90 days past due 11,694 32 68 11,794 Between 91 days and 1 year past due 14,283 619 – 14,902 More than 1 year past due 1,290 – – 1,290 At 31 December 2014 269,996 1,372 54,940 326,308 2013 Less than 30 days past due 83,419 531 128,173 212,123 Between 30 and 60 days past due 43,145 115 37,744 81,004 Between 61 and 90 days past due 15,090 55 3,801 18,946 Between 91 days and 1 year past due 5,690 1,108 1,535 8,333 More than 1 year past due 4,787 – – 4,787 At 31 December 2013 152,131 1,809 171,253 325,193 As at 31 December 2014, there are no receivables of the Company that were past due but not impaired. Felda Global Ventures Holdings Berhad pg 278 NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2014
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