91
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
20.
Trade and other receivables (cont’d)
Receivables that are impaired
The Group’s and Company’s trade receivables that are impaired at end of the reporting period and the movement of the
allowance accounts used to record the impairment are as follows:
Group
Individually impaired
Company
Individually impaired
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Trade receivables
– nominal amounts
807
784
–
–
Less: Allowance for impairment
(784)
(712)
–
–
23
72
–
–
Group
Company
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Movements in allowance accounts:
At 1 January
712
1,352
–
–
Acquisition of a subsidiary
17
–
–
–
Charge for the year
235
105
–
–
Written off
(136)
(614)
–
–
Written back
(49)
(165)
–
–
Currency realignment
5
34
–
–
At 31 December
784
712
–
–
Trade receivables that are individually determined to be impaired at end of the reporting period relate to debtors that are
in significant financial difficulties and have defaulted on payments. These receivables are not secured by any collateral or
credit enhancements.
21.
Cash and short-term deposits
Group
Company
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Cash at banks and on hand
90,374
72,470
7,857
7,040
Short-term deposits
12,731
6,746
–
–
Cash and short-term deposits
103,105
79,216
7,857
7,040
