notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
19 TRADE AND OTHER RECEIVABLES (CONTINUED)
The movements in the Group and Company’s allowance for impairment loss of other receivables during the financial year are as follows:
Group
Company
2014
2013
2014
2013
RM'000
RM'000
RM'000
RM'000
At 1 January
7,562
3,330
15
-
Impairment loss recognised
2,712
4,069
-
15
Effect of exchange rate changes
140
163
-
-
At 31 December
10,414
7,562
15
15
The Group’s trade receivables exposure to foreign currency (a currency which is other than the functional currency of the Group entities) risk, based on carrying amounts
as at the end of the financial year, was:
Group
2014
2013
RM'000
RM'000
Gross trade receivables
- United States Dollar
202,896
47,516
- Norwegian Kroner
19,364
-
- Singapore Dollar
1,478
5,973
- Euro Dollar
2,108
1,114
- Japanese Yen
1,117
75
- Indian Rupee
-
615
- Others
-
99
226,963
55,392
126
Wah Seong Corporation Berhad • Annual Report 2014
