Experian 2009 Annual Report Download - page 113

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111Experian Annual Report 2009
Introduction
2 – 7
Business review
8 – 43
Governance
44 – 72
Financial statements
Group nancial statements
19. Trade and other receivables (continued)
(b) The carrying amounts of the Group’s trade and other receivables are denominated in the following currencies:
Current Non-current Current Non-current
2009 2009 2008 2008
US$m US$m US$m US$m
US dollar 312 4 327 4
Sterling 177 306
Brazilian real 89 87
Euro 93 250 4
Other 67 1 61 1
738 5 1,031 9
(c) Trade receivables of US$366m (2008: US$530m) were neither past due nor impaired and these are further analysed
as follows:
Current Current
2009 2008
US$m US$m
New customers (of less than six months’ standing) 24 41
Existing customers (of more than six months’ standing) with no defaults in the past 336 478
Existing customers (of more than six months’ standing) with defaults in the past
which were fully recovered 6 11
366 530
None of these trade receivables has been renegotiated in the year (2008: US$nil).
(d) Trade receivables of US$134m (2008: US$180m) were past due but not considered impaired and these are further
analysed as follows:
Current Current
2009 2008
US$m US$m
Up to three months 108 148
Three to six months 20 20
Over six months 6 12
134 180
(e) Trade receivables of US$29m (2008: US$39m) were considered partially impaired and provided for and these are further
analysed as follows:
Current Current
2009 2008
US$m US$m
Up to three months 9 7
Three to six months 9 10
Over six months 11 22
29 39
Impairment provision (25) (24)
4 15
The other classes within trade and other receivables at the balance sheet dates do not include any impaired assets.