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SAPPI LTD (SAP) 6-K

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Note 15•Accounts receivable and other receivables<br />

The following is a summary of the Company’s accounts receivable and other current receivables as of 31 December:<br />

2007 2006 2005<br />

Accounts receivable 198,928 177,833 148,795<br />

Related parties receivables 33,267 40,706 60,163<br />

Vat receivables 13,776 14,456 15,072<br />

Accrued compensations and reimbursements 948 1,704 552<br />

Accrued discounts 663 99 246<br />

Accrued personnel costs 75 659<br />

Accrued insurances 50 1,898<br />

Other items 3 1,467 1,124<br />

Total 247,660 236,974 227,850<br />

Doubtful accounts receivables<br />

Accounts receivables are recorded net of the following allowances for doubtful accounts as of 31 December:<br />

2007 2006 2005<br />

At 1 January 1,870 1,011 630<br />

Increases 876 932 582<br />

Decreases (579) (73) (201)<br />

At 31 December 2,167 1,870 1,011<br />

88

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