notes to the financial statements - Investor Relations

NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2011
16 TRADE AND OTHER RECEIVABLES
Annual Report 2011
Group Company
Note 2011 2010 2011 2010
$’000 $’000 $’000 $’000
Trade receivables 417,416 106,939 11,458 8,304
Less: Allowance for impairment of receivables (2,778) (2,131) (290) (369)
414,638 104,808 11,168 7,935
Subsidiaries:
- trade and non-trade 20 − − 18,790 20,337
- loans 17 − − 89,138 61,181
Related parties:
- trade 2,286 1,082 11 3
- non-trade 1,357 264 – –
- loans 3,359 5,254 – –
- interest receivables 48 19 – –
Associates:
- trade 2,398 2,294 494 576
- non-trade 4 209 – –
- dividend receivables 94 94 – –
Jointly-controlled entities:
- trade 248 116 53 32
- non-trade 64 188 64 29
- loan 18 225 − − −
Non-controlling interests:
- non-trade 318 314 – –
- loans 407 − 407 –
Staff loans 251 399 2 7
Finance lease receivables 11 190 196 – –
Interest receivables 16 27 – 14
Other receivables 71,706 10,814 663 2,567
Progress billing receivables 15 5,138 1,755 – –
Loans and receivables 502,747 127,833 120,790 92,681
Deposits 12,306 9,849 108 168
Prepayments 21,296 8,411 1,257 765
536,349 146,093 122,155 93,614
The non-trade amounts due from subsidiaries, related parties, associates, jointly-controlled entities and non-controlling
interest are unsecured, interest-free and repayable on demand.
The related party loans are unsecured and are repayable on demand. The loans are based on floating interest rates ranging
from 1.10% to 1.20% (2010: 1.10% to 10.0%) per annum. Interest is repriced on a quarterly basis.
The loans to non-controlling interests are unsecured, interest-free and repayable on demand.
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