FGV Annual Report 2015
298 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 27 RECEIVABLES (CONTINUED) The receivables are denominated as follows: Group Company 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 - Ringgit Malaysia 1,565,177 764,415 11,244 106,704 - United States Dollar 755,879 443,072 - - - Canadian Dollar - 30,357 - - - Indonesian Rupiah 15,805 9,547 - - - Chinese Yuen Renminbi 11,373 - - - - Thai Baht 4,217 5,669 - - - Singapore Dollars 183 447 - - - Great Britain Pound 896 - - - - Pakistan Rupee 32 99 - - - Others 34 1,077 - - 2,353,596 1,254,683 11,244 106,704 The credit terms of trade receivables are up to 90 days (2014: up to 90 days). Past due but not impaired As at 31 December 2015, RM343,520,000 (2014: RM326,308,000) 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: No history of default History of default New customers Total Group RM’000 RM’000 RM’000 RM’000 2015 Less than 30 days past due 232,254 1,474 3,238 236,966 Between 30 and 60 days past due 44,577 161 248 44,986 Between 61 and 90 days past due 14,136 676 - 14,812 Between 91 days and 1 year past due 32,286 1,704 1,146 35,136 More than 1 year past due 11,383 237 - 11,620 At 31 December 2015 334,636 4,252 4,632 343,520 During the financial year, receivable balances amounting to RM56,143,000 was renegotiated by certain customers of the Group. .
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