Osim FR 050407.indd

Notes to the Financial Statements - 31 December 2006 (cont’d)23. Other creditors and accrualsGroupCompany2006 2005 2006 2005$’000 $’000 $’000 $’000Other creditors 13,740 10,839 3,365 3,443Accrued operating expenses 13,457 19,695 3,884 11,771Deposits received 6,272 4,754 1,710 1,150Custom duties payable 240 39 – –Accrued payroll costs 6,836 7,935 1,223 1,334Deferred cash settlements* 480 – – –Fair value of forward contracts (Note 43d) 1,716 4,553 1,716 4,27442,741 47,815 11,898 21,972* Deferred cash settlements form part of the consideration for the acquisition of additional equity interests in subsidiary companiesand are non-interest bearing (Note 11cii).24. ProvisionsGroupProvision forwarranties(Note A)Provision forredemption ofcustomers’ rewardpoints(Note B)Provision forrestoration costs(Note C)Total2006 2005 2006 2005 2006 2005 2006 2005$’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000At beginning of year 1,383 1,270 679 635 3,735 – 5,797 1,905Provided during the year 1,555 1,365 887 544 390 3,735 2,832 5,236Utilised during the year (964) (1,257) (542) (398) – – (1,506) (1,247)Unused amounts reversed during the year (185) – – (102) (307) – (492) (102)Net exchange differences (73) 5 4 – (35) – (104) 5At end of year 1,716 1,383 1,028 679 3,783 3,735 6,527 5,797Notes to the Financial Statements 136Annual Report 2006