Notes to the Financial Statements For the financial year ended 31 December 2025 10. TRADE AND OTHER RECEIVABLES (CONT’D) Impairment losses The ageing of trade receivables at the reporting date is as follows: Gross receivables Impairment losses Gross receivables Impairment losses 2025 2025 2024 2024 $’000 $’000 $’000 $’000 Group Past due 0 – 30 days 4,270 – 4,504 – Past due 31 – 120 days 1,752 – 313 – More than 120 days past due 271 – 218 – 6,293 – 5,035 – Trust Past due 0 – 30 days 359 – 33 – Past due 31 – 120 days 60 – 51 – More than 120 days past due 141 – 179 – 560 – 263 – Trade receivables are individually assessed for impairment on an ongoing basis. The Manager believes that no impairment is necessary in respect of the trade receivables as these receivables are mainly due from tenants that have good payment records and/or have sufficient securities in the form of bankers’ guarantees, insurance bonds or cash security deposits as collaterals. The Group’s exposure to credit risk related to trade and other receivables is disclosed in Note 31. 11. CASH AND BANK BALANCES Group Trust 2025 2024 2025 2024 $’000 $’000 $’000 $’000 Cash and bank balances in the statement of financial position 60,289 83,945 8,189 8,834 Less: Restricted cash (14,361) (13,731) Cash and cash equivalents in the statement of cash flows 45,928 70,214 The restricted cash pertains to cash reserves of certain entities which is required to be maintained based on agreements with the banks. The restricted cash comprises mainly reserves for interest expense, capital expenditure and/or property expenses to ensure availability of cash when incurred/due for payment. 182 ESR-REIT ANNUAL REPORT 2025
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