89
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
19.
Inventories (cont’d)
Group
Company
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Analysis of allowance for foreseeable losses:
At 1 January
382
241
–
37
Acquisition of a subsidiary
701
–
–
–
Charge for the year
937
286
–
–
Written back
(691)
(154)
–
(37)
Currency realignment
23
9
–
–
At 31 December
1,352
382
–
–
The write back of allowance for foreseeable losses were made when the related inventories can be sold above their
carrying amount.
20.
Trade and other receivables
Group
Company
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Trade receivables
142,232
96,778
20,331
21,379
Amounts due from subsidiaries
- trade
–
–
12,442
9,684
- non-trade
–
–
22,437
21,515
- loans
–
–
33,250
12,486
Amounts due from joint venture
- trade
231
–
–
–
- non-trade
167
–
–
–
- loans
1,728
–
–
–
Other receivables
10,192
5,519
112
–
Notes receivables
574
–
–
–
Staff advance
119
38
1
2
Deposits
3,215
1,984
271
87
Total trade and other receivables
158,458
104,319
88,844
65,153
Add: Cash and short-term deposits (Note 21)
103,105
79,216
7,857
7,040
Total loans and receivables
261,563
183,535
96,701
72,193
Trade receivables
Trade receivables are non-interest bearing and are generally on 30 to 90 days’ terms. They are recognised at their original
invoice amounts, which represent their fair values on initial recognition.
