Table:
|  |  | 2019 | 2018 |
| --- | --- | --- | --- |
|  | Note | £m | £m |
| UK |  | 24.5 | 24.9 |
| Ireland |  | 0.4 | 0.5 |
| Total |  | 24.9 | 25.4 |
Paragraphs:
Credit risk
The carrying amount of financial assets, previously recognised as loans and receivables under IAS 39 now classified as amortised cost under IFRS 9, represents the maximum credit exposure. The maximum exposure to credit risk at 31 March 2019 was £59.1m (2018: £56.5m).
The maximum exposure to credit risk for trade receivables at the reporting date by geographic region was:
Question:
What is the change to the classification for carrying amount of financial assets?
Answer: previously recognised as loans and receivables under IAS 39 now classified as amortised cost under IFRS 9, represents the maximum credit exposure