DMIT Annual Report 2017

N OTES TO THE C ONSOLIDATED F INANCIAL S TATEMENTS (Thousands of US dollars) Dar Al-Maal Al-Islami Trust 39 4. Financial instruments (continued) Investments in financings and receivables past due but not impaired Banks and other Government/ 2017 Corporate financing Financial institutions Agriculture financing Consumer financing Public financing Other financing Accounts receivable Total Past due up to 30 days 21,698 4,027 429 349 - - 75,928 102,431 Past due from 31 to 90 days 487 - - 1,138 - - 2,693 4,318 Past due greater than 90 days - - - 192 - - 67,662 67,854 Total 22,185 4,027 429 1,679 - - 146,283 174,603 2016 Past due up to 30 days 5,410 - - 31 - 1,041 - 6,482 Past due from 31 to 90 days 358 - - 757 - 54 2,007 3,176 Past due greater than 90 days - - - - - - 3,872 3,872 Total 5,768 - - 788 - 1,095 5,879 13,530 Upon initial recognition of investments in financings, the fair value of collateral is based on valuation techniques commonly used for the corresponding assets. In subsequent periods, the fair value is updated by reference to market price or indexes of similar assets. Impaired investments in financings Further analysis of impaired assets is provided in note 9.