2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
2012 Annual Report - Media Prima Berhad
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<strong>Media</strong> <strong>Prima</strong> <strong>Berhad</strong><br />
Notes to<br />
the Financial Statements<br />
for the financial year ended 31 December <strong>2012</strong><br />
20 CREDIT QUALITY OF FINANCIAL ASSETS<br />
The credit quality of financial assets that are neither past due nor impaired can be assessed by reference to external<br />
credit ratings (if available) or to historical information about counterparty default rates:<br />
Group<br />
Trade receivables<br />
<strong>2012</strong> 2011 1.1.2011<br />
RM’000 RM’000 RM’000<br />
Counterparties with external credit rating (RAM)<br />
A – – 8<br />
AA – – 90<br />
– – 98<br />
Counterparties without external credit rating<br />
Group 1 7,596 6,103 3,034<br />
Group 2 355,808 318,803 289,955<br />
363,404 324,906 292,989<br />
Total unimpaired trade receivables 363,404 324,906 293,087<br />
• Group 1 – new customers (less than 6 months).<br />
• Group 2 – existing customers (more than 6 months) with no defaults in the past.<br />
None of the financial assets that are fully performing has been renegotiated in the last year.<br />
<strong>2012</strong> 2011 1.1.2011<br />
RM’000 RM’000 RM’000<br />
Cash at bank and short-term bank deposits<br />
AAA/P1 511,237 263,212 157,396<br />
AA3/P1 38,894 32,955 32,050<br />
AA2/P1 2,020 15,152 1,051<br />
AA/P1 – 2,400 1,109<br />
A2/P1 10,402 846 2,392<br />
A1/P1 119,503 135,175 122,788<br />
A – 17 –<br />
Unrated (petty cash) 322 339 1,145<br />
682,378 450,096 317,931<br />
198<br />
annual<br />
report<br />
<strong>2012</strong>
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