Haier 2009 Annual Report Download - page 130
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NOTES TO FINANCIAL STATEMENTS 財務報表附註
HAIER ELECTRONICS GROUP CO., LTD ANNUAL REPORT 2009
128
Receivables that were neither past due nor impaired relate to
customers for whom there was no recent history of default.
Receivables that were past due but not impaired relate to a number
of customers that have a good track record with the Group. Based
on past experience, the directors of the Company are of the opinion
that no provision for impairment is necessary in respect of these
balances as there has not been a significant change in credit quality
and the balances are still considered fully recoverable. The Group
does not hold any collateral or other credit enhancements over
these balances.
Included in the Group’s trade and bills receivables are amounts
due from Haier Affiliates amounting to RMB407,193,000 (2008:
RMB703,541,000), which are repayable on similar credit terms to
those offered to the major customers of the Group. Further details
of the sales to these related parties are set out in note 14 to the
financial statements.
21.
21. Trade and Bills Receivables (Cont’d)
The aged analysis of the trade and bills receivables that are not
considered to be impaired is as follows:
Group
2009 2008
年
RMB’000 RMB’000
Neither past due nor impaired 2,531,277 1,990,234
Less than 1 year past due 215,646 121,422
2,746,923 2,111,656
407,193,000
703,541,000
14