IHH Healthcare Berhad Annual Report 2014 - page 163

IHH Healthcare Berhad
l
Annual Report 2014
160
Notes to the Financial Statements
14. Trade receivables
Group
Company
Note
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Current
Trade
Trade receivables
986,241
882,904
-
-
Amounts due from related parties
56,084
113,326
-
-
1,042,325
996,230
-
-
Allowance for impairment losses
(132,056)
(120,042)
-
-
13
910,269
876,188
-
-
The Group’s primary exposure to credit risk, arises through its trade receivables and trade amounts due from related parties. Concentration
of the credit risk relating to trade receivables and trade amounts due from related parties are limited and the Group’s historical experience of
collection of accounts receivables falls within the record allowances. Due to these factors, the Group believes that no additional credit risks
beyond amounts provided for collection losses is inherent in the Group’s trade receivables and trade amounts due from related parties.
Credit risk
The exposure to credit risk for trade receivables and trade amounts due from related parties at the date of reporting (by geographical distribution) is:
Group
Note
2014
RM’000
2013
RM’000
Malaysia
178,204
161,276
Singapore
202,797
272,232
North Asia
21,747
23,171
South Asia and Middle East
62,206
23,963
South East Asia
59,938
68,707
Central Eastern Europe, Middle East and North Africa (“CEEMENA”)
512,104
443,511
Others
5,329
3,370
1,042,325
996,230
Allowance for impairment losses
(132,056)
(120,042)
13
910,269
876,188
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