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CHAIRMAN’S DELIVERING MSM MANAGEMENT DISCUSSION GROUP FINANCIAL
STATEMENT VALUE OVERVIEW & ANALYSIS REPORT

NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

23 RECEIVABLES (CONTINUED)

(d) Reconciliation of loss allowance (continued)
(i) Trade receivables using simplified approach (continued)
Less than More than More than More than
30 days 30 days 60 days 90 days
31 December 2019 Current past due past due past due past due Total
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

Expected loss rate 0.05% 0.47% 1.66% 6.86% 38.99%
204 Gross carrying amount
– trade receivables 227,853 28,046 7,069 3,150 6,248 272,366
MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020
Loss allowance (124) (132) (117) (216) (2,436) (3,025)
Carrying amount
(net of loss allowance) 227,729 27,914 6,952 2,934 3,812 269,341

(ii) Other receivables using general 3 stage approach

The loss allowance for other receivables as at 31 December 2020 reconciles to the opening loss allowances for
that provision as follows:
Other receivables
2020 2019
RM’000 RM’000
At 1 January (611) (80)
Decrease/(Increase) in loss allowance recognised in profit or loss
during the year (Note 8) 368 (531)
At 31 December (243) (611)