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2.3 Based on the screenshot of annual report of above company. State the disclosuresotes to the accounts relating to the assets under MFRS 9. Explain

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2.3 Based on the screenshot of annual report of above company. State the disclosuresotes to the accounts relating to the assets under MFRS 9. Explain how do they enlarge the decision analysis possibilities offered to shareholders and investors.

27. FINANCIAL INSTRUMENTS (CONTINUED) 27.4 Credit risk (continued) Trade receivables (continued) Recognition and measurement of impaiment loss (continued) The movements in the allowance for impairment in respect of trade receivables during the year are shown below. Notes to the Financial Statements (Continued) 27. FINANCIAL INSTRUMENTS (CONTINUED) 27.4 Credit risk (continued) Trade receivables (continued) Recognition and measurement of impaiment loss (continued) Cash and cash equivalents The cash and cash equivalents are held with banks and financial institutions. As at the end of the reporting period, the maximum exposure to credit risk is represented by their carrying amounts in the statement of financial position. These banks and financial institutions have low credit risks. In addition, some of the bank balances are insured by government agencies. Consequently, the Group and the Company are of the view that the loss allowance is not material and hence, it is not provided for. Other receivables Credit risks on other receivables indude the deposits paid to suppliers and for utilities. The Group and the Company monitor the exposure to credit risk on individual basis. As at the end of the reporting period, the maximum exposure to credit risk is represented by their carrying amounts in the statement of financial position. There is no history of default on other receivables and there is no indicator these other receivables may default. The Group and the Company also consider differences between (a) economic conditions during the period over which the historic data has been collected, (b) current conditions and (c) the Group's and the Company's view of economic conditions over the expected lives of the receivables. Nevertheless, the Group and the Company are of the view that the loss allowance is not material and hence, it is not provided for

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