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ANNUAL REPORT 2011/2012
Notes to the Financial Statements
25 Trade and Other Receivables
THE GROUP THE COMPANY
2012
$’000
2011
$’000
2012
$’000
2011
$’000
Trade receivables
Outside parties 10,492 7,947 – –
Less: Allowance for impairment (71) (27) – –
10,421 7,920 – –
Other receivables
Related parties (Note 5) 25 409 – –
Accrued interest receivable 84 21 – –
Deposits 146 32 – –
Insurance proceeds receivable – 6,509 – –
Lease receivable 2,449 2,743 – –
Other receivables 1,389 1,605 51 76
Loans and receivables 14,514 19,239 51 76
The average credit period generally granted to non-related party trade receivable customers is
about 30 days (2011: 30 days). Some customers take a longer period to settle the amounts. The
table below illustrates the trade receivables aging analysis:
THE GROUP
2012 2011
Gross
Allowance
for
impairment Gross
Allowance
for
impairment
$’000 $’000 $’000 $’000
Less than 30 days 9,326 – 6,769 –
31 – 60 days 952 – 813 –
61 – 90 days 127 – 303 –
More than 90 days 87 (71) 62 (27)
10,492 (71) 7,947 (27)