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Note 8. Trade and Other Receivables
Current

Trade receivables

599.7

–
Allowance for doubtful receivables 8a)

(9.1)
–

Refer

2007
$M
555.0
(6.8)
548.2
–
11.6
8.6
79.0
38.6
137.8
686.0
–
2.1
1.4
3.5
(9.1)
–
0.6
(3.2)
4.7
0.2
(6.8)
2006

Note

$M

2007
$M
–
–
–
86.9
–
0.1
3.4
–
90.4
90.4
2,098.2
–
–
2,098.2
–
–
–
–
–
–
–
$M

590.6

–

Amount due from subsidiaries 36

–

4.4

Amount due from related entities (trade) 36

1.0

–

Amount due from related entities (non-trade) 36

20.1

0.3

Other receivables

66.0

6.0

Other receivables (escrow amount) 6e)

–

–

87.1

Total trade and other receivables (current)

677.7

Non-current

Amount due from subsidiaries 36

–

2,025.1
Amount due from related entities (non-trade) 36

1.5

1.5
Other receivables
16.4

–

Total trade and other receivables (non-current)

17.9

2,026.6

Trade receivables are non-interest bearing. Terms of trade in relation to
credit sales are on a weighted average of 30 days from the date of invoice.
The Group operates in a number of diverse markets, and accordingly the
terms of trade vary by country and business.

a) Impaired trade receivables

As at 31 December 2007, trade receivables with a nominal value of
$6.8 million (2006: $9.1 million) were impaired and fully provided for.
Movements in the allowance for trade receivables are as follows –

At 1 January
Acquisition of entities and operations
Disposal of operation
Charge for the year
Written off
Net foreign currency movements

(3.4)
(1.2)
–
(9.2)
4.6
0.1
–
–
–
–
–
–

(9.1)
–

As at 31 December, the analysis of trade receivables for CCA Group that
were past due but not impaired is as follows –

Past due but not impaired

Neither past due Less than 30 days More than 30 but less More than 90 days Total
nor impaired overdue than 90 days overdue overdue $M

2007 440.4 74.0 28.3 5.5 548.2
2006 465.8 97.7 25.4 1.7 590.6

All other receivables (including amount due from subsidiaries for CCA Entity) do not contain impaired assets and are not past due. Based on the credit
history of these other receivables, it is expected that these amounts will be received when due.

b) Related party receivables

For terms and conditions relating to related party receivables, refer to Note 36.