FGV Annual Report 2017
FELDA GLOBAL VENTURES HOLDINGS BERHAD FINANCIAL STATEMENTS 254 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 25 RECEIVABLES (CONTINUED) The receivables are denominated as follows: Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 - Ringgit Malaysia 968,142 1,095,923 19,579 22,267 - United States Dollar 457,900 687,562 - - - Indonesian Rupiah 8,880 58,283 - - - Chinese Yuen Renminbi 22,641 10,878 - - - Thai Baht 4,957 8,957 - - - Pakistan Rupee 1,410 843 - - - Singapore Dollars 229 320 - - - Great Britain Pound 327 22 - - - Others 487 - - - 1,464,973 1,862,788 19,579 22,267 The credit terms of trade receivables are up to 90 days (2016: up to 90 days). Past due but not impaired As at 31 December 2017, RM455,895,000 (2016: RM417,978,000) of receivables of the Group 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 RM’000 History of default RM’000 New customers RM’000 Total RM’000 2017 Less than 30 days past due 293,328 3,438 479 297,245 Between 30 and 60 days past due 67,639 485 57 68,181 Between 61 and 90 days past due 17,661 57 20 17,738 Between 91 days and 1 year past due 35,710 7,277 27 43,014 More than 1 year past due 29,687 30 - 29,717 At 31 December 2017 444,025 11,287 583 455,895
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