Interim Report 2012 - TodayIR.com

Notes to Financial Statements30 June 201220. TRADE RECEIVABLESThe Group’s trading terms with its customers are mainly on cash and credit card settlement. The Group seeks to maintain strictcontrol over its outstanding receivables to minimise credit risk. Overdue balances are reviewed regularly by senior management.Trade receivables are non-interest-bearing.An aged analysis of the trade receivables as at the end of the reporting period, based on the invoice date, is as follows:Group30 June 31 December2012 2011RMB’000RMB’000Within 1 month 13,427 14,9661 to 2 months 1,904 2,0972 to 3 months 732 1,186Over 3 months 3,224 1,83919,287 20,088All of the receivables were neither past due nor impaired and mainly relate to corporate customers and receivables from banks forcredit cards settlement for whom there was no recent history of default.21. PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLESGroupCompany30 June 31 December 30 June 31 December2012 2011 2012 2011RMB’000 RMB’000 RMB’000 RMB’000Deposits and other receivables 53,741 28,535 2,388 Prepaid expense 26,807 26,358 Amount due from the Controlling Shareholder 56,258 Amount due from companies owned by theControlling Shareholder 16,844 126,540 Amount due from a Director of major subsidiariesin Hong Kong 236 354 Prepayments 38,189 25,253 135,817 263,298 2,388 60XIAO NAN GUO RESTAURANTS HOLDINGS LIMITED