150
AirAsia X Berhad • Annual Report 2014
NOTES TO THE FINANCIAL STATEMENTS
AS AT 31 DECEMBER 2014
20 INVENTORIES
Group and Company
2014
RM’000
2013
RM’000
Beverages, consumables and in-flight merchandise
1,362
993
21 RECEIVABLES AND PREPAYMENTS
Group
Company
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Trade receivables
43,176
43,675
43,146
43,675
Other receivables
51,102
46,245
51,095
46,210
Prepayments
78,350
43,277
78,350
43,275
Deposits
141,216
33,600
141,180
33,600
313,844
166,797
313,771
166,760
Less: Allowance for impairment of receivables
(2,950)
(1,441)
(2,950)
(1,441)
310,894
165,356
310,821
165,319
The normal credit terms of the Group and Company range from 15 to 30 days (2013: 15 to 30 days).
(a)
Trade receivables
(i)
Financial assets that are neither past due nor impaired
Trade receivables that are neither past due nor impaired for the Group and Company of RM31,053,000 (2013: RM24,302,000) respectively, are substantially from
companies with good collection track records.
(ii)
Financial assets that are past due but not impaired
As of 31 December 2014, trade receivables of RM11,927,000 and RM11,897,000 (2013: RM19,177,000) for the Group and Company respectively, were past due
but not impaired. These debts relate to a number of independent customers for whom there is no recent history of default.
