SAFETY AND SECURITY - Caribbean Cement Company Limited
SAFETY AND SECURITY - Caribbean Cement Company Limited
SAFETY AND SECURITY - Caribbean Cement Company Limited
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c a r i b b e a n c e m e n t co m pa ny a n d i t s s u b s i d i a r i e s<br />
CARIBBEAN CEMENT COMPANY LIMITED <strong>AND</strong> ITS SUBSIDIARIES<br />
Notes to the Consolidated Financial Statements<br />
Year ended 31 December 2006<br />
(Expressed in Jamaican Dollars)<br />
17. Receivables and prepayments<br />
Receivables and prepayments consist of the following:<br />
Group<br />
DRAFT<br />
<strong>Company</strong><br />
2006 2005 2006 2005<br />
$’000 $’000 $’000 $’000<br />
Trade receivables 143,029 182,559 123,824 148,578<br />
Sundry receivables and<br />
prepayments 160,675 144,889 157,195 141,476<br />
Deferred expenditure 15,135 24,031 15,135 24,031<br />
----------------- ----------------- ----------------- -----------------<br />
318,839 351,479 296,154 314,085<br />
Less: Provision for doubtful<br />
debts (1,072) (1,034) - -<br />
----------------- ----------------- ----------------- -----------------<br />
317,767 350,445 296,154 314,085<br />
18. Due from related companies<br />
Due from related companies consists of the following:<br />
Group and <strong>Company</strong><br />
2006 2005<br />
$’000 $’000<br />
TCL Trading <strong>Limited</strong> (Note 11) - 292,966<br />
Readymix (West Indies) <strong>Limited</strong> 1,677 3,681<br />
----------------- -----------------<br />
1,677 296,647<br />
Long-term - 283,091<br />
Short-term 1,677 13,556<br />
----------------- -----------------<br />
1,677 296,647<br />
31<br />
C a r i b b e a n C e m e n t C o m pa n y an d i t s s u b s i d i a r i e s 2 0 0 6 A n n u a l R e p o r t<br />
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