Dagang NeXchange Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) DAGANG NeXCHANGE BERHAD 158 21. REVENUE (CONTINUED) (b) The transaction price allocated to the remaining performance obligations under the contract for services rendered over time that are unsatisfied or partially unsatisfied as at the end of the reporting period are summarised below (other than contracts for original periods of one year or less): Group 2020 2021 2022 2023 Total RM’000 RM’000 RM’000 RM’000 RM’000 Sale of customised equipment 735 302 311 - 1,348 Rendering of services* 65,175 12,880 6,931 3,849 88,835 Rental of equipment 275 - - - 275 Subscriptions* 990 900 - - 1,890 67,175 14,082 7,242 3,849 92,348 * The services to be rendered from National Single Window contract and its related services are excluded from the above transaction price allocation. 22. NET LOSS/(GAIN) ON IMPAIRMENT OF FINANCIAL INSTRUMENTS AND CONTRACT ASSETS Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Impairment losses during the year: - trade receivables 1,680 590 - - - other receivables (169) 1,031 1 - - contract assets 9 (25) - - Reversal of impairment losses - - (294) (10,876) 1,520 1,596 (293) (10,876)