Events 2005 - ChartNexus
Events 2005 - ChartNexus
Events 2005 - ChartNexus
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134<br />
Notes to the Financial Statements 31 December <strong>2005</strong><br />
12. TRADE RECEIVABLES<br />
Group Company<br />
<strong>2005</strong> 2004 <strong>2005</strong> 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Trade receivables 106,018 105,365 97,484 96,997<br />
Less: Allowance for doubtful debts (8,189) (8,744) (6,601) (6,616)<br />
97,829 96,621 90,883 90,381<br />
The allowance for doubtful debts of the Group and the Company is net of bad debts written off amounting to RM249,000 (2004:<br />
RM744,000).<br />
The trade receivables are denominated in Ringgit Malaysia.<br />
Credit terms of trade receivables range from payment in advance to credit period of 90 days. The Group’s historical experience in<br />
collection of accounts receivable falls within the recorded allowances. Due to these factors, management believes that no<br />
additional credit risk beyond amounts provided for collection losses is inherent in the Group’s trade receivables.<br />
13. OTHER RECEIVABLES, DEPOSITS AND PREPAYMENTS<br />
Group Company<br />
<strong>2005</strong> 2004 <strong>2005</strong> 2004<br />
RM’000 RM’000 RM’000 RM’000<br />
Other receivables 3,023 3,056 1,499 2,214<br />
Less: Allowance for doubtful debts (96) (96) – –<br />
2,927 2,960 1,499 2,214<br />
Interest receivables 1,757 2,072 1,757 2,072<br />
Sundry deposits 1,268 1,488 1,117 1,107<br />
Prepayments 5,249 4,028 5,016 3,449<br />
11,201 10,548 9,389 8,842
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