TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
90
NOTES TO THE FINANCIAL STATEMENTS
11. Hire purchase receivables
Group
2014
2013
RM’000
RM’000
Gross repayments receivables
520,591
562,932
Less: Unearned income receivables
(61,267)
(57,694)
459,324
505,238
Less: Impairment loss
(18,883)
(15,508)
440,441
489,730
Current
Hire purchase receivables
91,433
116,633
Less: Impairment loss
(1,586)
(3,354)
89,847
113,279
Non-current
Hire purchase receivables
367,891
388,605
Less: Impairment loss
(17,297)
(12,154)
350,594
376,451
440,441
489,730
Gross
repayments
receivables
Unearned
income
receivables
Present
value of
minimum
hire
purchase
receivables
Gross
repayments
receivables
Unearned
income
receivables
Present
value of
minimum
hire
purchase
receivables
2014
2014
2014
2013
2013
2013
RM’000
RM’000
RM’000
RM’000
RM’000
RM’000
Group
Current
Less than one year
109,705
(18,272)
91,433
134,999
(18,366)
116,633
Non-current
Between one and five
years
314,824
(34,226)
280,598
336,061
(32,509)
303,552
After five years
96,062
(8,769)
87,293
91,872
(6,819)
85,053
410,886
(42,995)
367,891
427,933
(39,328)
388,605
520,591
(61,267)
459,324
562,932
(57,694)
505,238
In 2013, doubtful debts written off against impairment loss amounted to RM2,000.
