Page 115 - ar2013

Financial
Statements
113 Management Reports
7 TRADE AND OTHER RECEIVABLES (continued)
The maximum exposure to credit risk for loans and receivables at the reporting date (by geographical area in
China) is:
Group
2013 2012
$’000 $’000
Inner Mongolia 32 86
Beijing 4,483 3,261
Shanghai 1,212 1,193
Others 300 264
6,027 4,804
Impairment losses
The ageing of loans and receivables at the reporting date is:
Gross Impairment
2013 2012 2013 2012
$’000 $’000 $’000 $’000
Group
Not past due 4,278 3,998 – –
Past due 1 – 30 days 1,074 765 – 60
Past due 31 – 60 days 410 157 3 2
Past due 61 – 90 days 132 80 – –
More than 90 days past due 703 231 348 101
6,597 5,231 351 163
Gross Impairment
2013 2012 2013 2012
$’000 $’000 $’000 $’000
Trust
Not past due 219 264 – –
The movement in the allowance for impairment in respect of trade receivables during the year is as follows:
Note
Group
2013 2012
$’000 $’000
At 1 January 163 433
Write-back, net 16 (58) (167)
Provision acquired 332 –
Allowance utilised (94) (86)
Translation difference 8 (17)
At 31 December 351 163