Techtronic Industries Co. Ltd. - Irasia.com

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Techtronic Industries Co. Ltd. - Irasia.com

NOTES TO THE FINANCIAL STATEMENT (UNAUDITED)

6. Additions of property, plant and equipment

During the period, the Group spent approximately HK$240 million (for the six months ended 30th June, 2005: HK$288 million) on the

acquisition of property, plant and equipment.

7. Trade and other receivables

The Group has a policy of allowing credit periods ranging from 60 days to 120 days. The aging analysis of trade receivables is as follows:

30th June 31st December

2006 2005

HK$’000 HK$’000

0 to 60 days 2,707,386 2,622,904

61 to 120 days 228,458 255,728

121 days or above 62,674 115,733

Total trade receivables 2,998,518 2,994,365

Other receivables 304,810 270,990

3,303,328 3,265,355

8. Trade, bills and other payables

The aging analysis of trade payables is as follows:

30th June 31st December

2006 2005

HK$’000 HK$’000

0 to 60 days 1,442,593 1,552,235

61 to 120 days 100,324 278,482

121 days or above 42,053 70,475

Total trade payables 1,584,970 1,901,192

Bills payables 267,421 550,964

Other payables 1,512,623 1,689,507

3,365,014 4,141,663

18 Techtronic Industries Co. Ltd. Interim Report 2006

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