FGV Annual Report 2015

299 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING Notes to the Financial Statements For The Financial Year Ended 31 December 2015 ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 27 RECEIVABLES (CONTINUED) Past due but not impaired (continued) No history of default History of default New customers Total Group 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 As at 31 December 2015, there are no receivables of the Company that were past due but not impaired. Impaired and provided for As at 31 December 2015, RM7,523,000 of receivables of the Group were impaired and provided for (2014: RM5,709,000). Movement of the Group’s provision for impairment of receivables are as follows: Group 2015 2014 RM’000 RM’000 At 1 January 5,709 5,529 Charged to profit or loss 1,814 180 At 31 December 7,523 5,709 Receivables balances of RM1,746,538,000 (2014: RM784,361,000) and RM10,914,000 (2014: RM87,975,000) of the Group and of the Company are neither past due nor impaired as they have yet to exceed the credit period. These balances mainly relate to external parties with no recent history of default.