219 F INANC IAL Statements Sect ion 05 Annual Report 2022 NOTES TO THE F INANC I AL STATEMENTS For the year ended 31 December 2022 24. TRADE AND OTHER RECEIVABLES (Contd.) (a) Trade receivables (contd.) Allowance for expected credit losses (contd.) The Group’s trade receivables that are impaired at the reporting date and the movement of the allowance for expected credit losses of trade receivables are as follows: Group 2022 RM’000 2021 RM’000 Trade receivables - nominal amounts 270,792 273,336 Less: Allowance for expected credit losses (40,382) (48,410) 230,410 224,926 Movement in allowance accounts: Group 2022 RM’000 2021 RM’000 At beginning of the year 48,410 36,940 Arise from acquisition of subsidiaries - 7,941 Charge for the year (Note 10) 69 4,359 Reversal of allowance for expected credit losses (Note 8) (5,265) (764) Written off (2,855) (20) Exchange differences 23 (46) At end of the year 40,382 48,410 (b) Receivable from PAAB Receivable from PAAB (current) This amount represents capital expenditure on water related assets (completed and in-progress) to be reimbursed by PAAB and is expected to be settled within the next 12 months. Receivable from PAAB (non-current) The remaining balance of waiver of lease rental paid by the RanhillSAJ amounting to RM25,776,133 (2021: RM25,776,133) will be recovered via a reduction of future lease payment over 5 years’ period ending January 2025. During the last financial year, an amount of RM65,887,713 relating to Fifth Operating Period was reclassified to lease payable to PAAB (Note 34).
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