MIGHT Financial Report 2020

33

MIGHT Directors’ Report And Audited Financial Statements 2020

9. TRADE AND OTHER RECEIVABLES (continued) The reconciliation of movements of impairment loss for trade and other receivables at the end of each reporting period are as follows: (continued) (h)

2019 GROUP

CREDIT IMPAIRED RM

TOTAL ALLOWANCE RM

LIFETIME ECL ALLOWANCE* RM

Trade receivables As at 1 January 2019 Charge for the financial year Written o As at 31 December 2019 Other receivables As at 1 January 2019 Charge for the financial year Written o Reversal of impairment losses As at 31 December 2019

4,027,362 25,000 (1,662,105) 2,390,257 1,409,527 386,723 (11,530) (62,095) 1,722,625

4,027,362 25,000 (1,662,105) 2,390,257 1,409,527 386,723 (11,530) (62,095) 1,722,625

-

- - -

- - - - - - - -

Associate As at 1 January 2019 Written o As at 31 December 2019

32,599 (17,159) 15,440

32,599 (17,159) 15,440

COMPANY

202170

Trade receivables As at 1 January 2020 Charge for the financial year As at 31 December 2020

- - -

2,365,257 617,091 2,982,348

2,365,257 617,091 2,982,348

Other receivables As at 1 January 2020/31 December 2020 Associate As at 1 January 2020/31 December 2020

-

1,125,216

1,125,216

-

15,440

15,440

*The eects of expected credit loss is insignificant.

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