Osim FR 050407.indd

Notes to the Financial Statements - 31 December 2006 (cont’d)18. Trade debtorsGroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Trade debtors 41,226 38,872 9,402 9,793Allowance for doubtful debts (1,601) (2,610) – (834)39,625 36,262 9,402 8,959Trade debtorsTrade debtors are non-interest bearing and are generally on 30 to 90 day terms. They are recognised at their original invoiceamounts which represents their fair values on initial recognition.As at 31 December 2006, the following foreign currency denominated amounts are included in trade debtors of the Group:• $4,455,000 (2005: $3,759,000) denominated in United States dollars;• $8,784,000 (2005: $10,692,000) denominated in Hong Kong dollars;• $3,536,000 (2005: $3,030,000) denominated in Ringgit Malaysia;• $6,068,000 (2005: $8,085,000) denominated in New Taiwan dollars;• $8,832,000 (2005: $3,681,000) denominated in China Renminbi; and• $974,000 (2005: $111,000) denominated in Australian dollars.Allowance for doubtful debtsFor the year ended 31 December 2006, an impairment loss of $Nil (2005: $2,296,000) are recognised in the “other operatingexpenses” in the profi t and loss account subsequent to a debt recovery assessment performed on trade debtors as at 31 December2006.Notes to the Financial Statements 133Annual Report 2006