2012 Annual Report - Media Prima Berhad

32 TRADE AND OTHER RECEIVABLES
Group
Company
2012 2011 1.1.2011 2012 2011 1.1.2011
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
Trade receivables 429,344 389,182 372,906 – – –
Less: Provision for Impairment (60,604) (58,502) (76,507) – – –
368,740 330,680 296,399 – – –
Less: Advanced billings (5,336) (5,774) (3,312) – – –
363,404 324,906 293,087 – – –
Deposits 13,365 11,819 11,161 104 74 74
Prepayments 27,361 22,163 22,021 141 277 413
Other receivables 205,608 196,631 189,280 2,400 190 180
246,334 230,613 222,462 2,645 541 667
Less: Provision for impairment
of other receivables (174,386) (175,719) (170,680) – – –
71,948 54,894 51,782 2,645 541 667
435,352 379,800 344,869 2,645 541 667
All receivables are mostly due within 12 months from the end of the reporting period.
The fair values of trade and other receivables approximates the carrying value.
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As of 31 December 2012, trade receivables that were past due but not impaired are as disclosed below. These relate
to a number of independent customers for whom there is no recent history of default. The ageing analysis of these
trade receivables is as follows:
Group
2012 2011 1.1.2011
RM’000 RM’000 RM’000
Ageing 3 to 6 months 86,191 71,633 70,438
Ageing 7 to 12 months 13,328 21,129 13,628
Over 12 months 3,959 1,520 2,825
103,478 94,282 86,891
As of 31 December 2012, trade receivables of RM60,604,000 (2011: RM58,502,000; 1.1.2011: RM76,507,000) were
impaired and provided for. The individually impaired receivables mainly relate to customers that defaulted in
payment, which are in unexpectedly difficult financial position. It was assessed that an insignificant portion of the
receivables is only expected to be recovered. The ageing of these receivables is as follows:
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