Cathay Pacific 2011 Annual Report Download - page 78

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Notes to the Accounts STATEMENT OF FINANCIAL POSITION
21. Trade, other receivables and other assets (continued)
As at 31st December 2011, total derivative financial assets of the Group and the Company which did not qualify for
hedge accounting amounted to HK$1,105 million (2010: HK$842 million) and HK$1,105 million (2010: HK$842
million) respectively.
Group Company
2011
HK$M
2010
HK$M
2011
HK$M
2010
HK$M
Analysis of trade debtors by age:
Current 5,839 5,853 5,087 5,130
One to three months overdue 59 45 47 30
More than three months overdue 10 685
5,908 5,904 5,142 5,165
The movement in the provision for bad debt included in trade debtors during the year was as follows:
Group Company
2011
HK$M
2010
HK$M
2011
HK$M
2010
HK$M
At 1st January 195 163 158 128
Amounts written back (135) –(116) –
Impairment loss recognised –32 –30
At 31st December 60 195 42 158
22. Assets held for sale
Group Company
2011
HK$M
2010
HK$M
2011
HK$M
2010
HK$M
Aircraft and related equipment held for sale 746 368 746 –
746 368 746 –
23. Liquid funds
Group Company
2011
HK$M
2010
HK$M
2011
HK$M
2010
HK$M
Short-term deposits and bank balances (note 28) 9,612 8,276 7,256 5,827
Short-term deposits maturing beyond three months
when placed 228 551 228 551
Funds with investment managers
– debt securities listed outside Hong Kong 7,778 11,722 ––
– bank deposits 106 13 ––
Other liquid investments
– debt securities listed outside Hong Kong 1,515 1,632 1,242 1,372
– bank deposits 358 2,004 122 1,390
19,597 24,198 8,848 9,140
76