Osim FR 050407.indd

Notes to the Financial Statements - 31 December 2006 (cont’d)15. Long-term receivablesGroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Long-term deposits 10,259 7,618 1,555 1,545Other debtors (Note 19) 360 – 360 –10,619 7,618 1,915 1,545Long-term deposits relate to deposits placed for the lease of retail outlets and building.As at 31 December 2006, the following foreign currency denominated amounts are included in long-term receivables of theGroup:• $15,000 (2005: $100,000) denominated in United States dollars;• $2,761,000 (2005: $1,442,000) denominated in Hong Kong dollars;• $2,127,000 (2005: $975,000) denominated in Ringgit Malaysia;• $1,208,000 (2005: $900,000) denominated in New Taiwan dollars;• $603,000 (2005: $256,000) denominated in China Renminbi;• $294,000 (2005: $373,000) denominated in Australian dollars; and• $360,000 (2005: $Nil) denominated in Sterling pounds.16. Loans to associated companiesLoans to associated companies are unsecured, interest-free and repayable within the next twelve months from the balance sheetdate. Loans to associated companies are to be settled in cash.17. StocksGroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Finished goods89,408 66,77915,037 10,811Goods in transit 2,250 4,766 2,249 4,766Total stocks at lower of cost and net realisable value 91,658 71,545 17,286 15,577In 2006, the Group wrote down inventories of $Nil (2005: $2,402,000) that was recognised in the “other operating expenses” in theprofi t and loss account. An amount of inventory of $595,000 (2005: $Nil) that was previously written off had been sold and includedin the “other operating income” in the profi t and loss account.Notes to the Financial Statements 132Annual Report 2006