NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
133
ANNUAL REPORT 2015
40.
FINANCIAL RISK MANAGEMENT (CONT’D)
(c)
Credit risk (cont’d)
Credit risk concentration profile
The Group determines concentrations of credit risk by monitoring the country profile of its trade and other
receivables on an on-going basis. The credit risk concentration profile of the Group’s trade and other receivables at
the end of the reporting period is as follows:
Group
Company
2015
2014
2015
2014
$’000
% of
total
$’000
% of
total
$’000
% of
total
$’000
% of
total
By country:
Singapore
69,672
54
74,704
64
842,516
97
553,624
99
Malaysia
6,867
5
7,044
6
23,747
3
4,455
1
Indonesia
16,351
13
1,505
1
–
–
–
–
Australia
13,089
10
3,318
3
–
–
–
–
China, including Hong Kong
and Taiwan
1,790
1
4,203
4
–
–
–
–
South Africa
8,685
7
5,763
5
–
–
–
–
Germany
2,350
2
3,079
3
–
–
–
–
Other countries
9,348
8
16,474
14
–
–
–
–
128,152
100
116,090 100
866,263
100
558,079
100
Approximately 52% (2014: 57%) of the Group’s trade and other receivables were due from an associate located
in Singapore.
