China XLX Fertiliser Ltd

NOTES TO THE FINANCIAL STATEMENTS31 December 200817. Loans and receivables (cont’d)Other receivablesGroupCompany2008 2007 2008 2007Rmb’000 Rmb’000 Rmb’000 Rmb’000Advances to employees 1,560 1,061 – –Deposits 18 – 17 –Interest receivable 1,492 – 1,492 –Others 3,024 3,242 – 5516,094 4,303 1,509 551The Group does not have any other receivables balance which is past due as at the balance sheet date.Due from related partiesRelated parties comprise Henan Xinlianxin Chemicals Co., Ltd and its subsidiaries and associates whichcertain directors have significant influence over but did not form part of the Relevant Business acquiredby the Group. The executive directors and executive officers have in total a 24% equity interest in HenanXinlianxin Chemicals., Ltd.Receivables that are past due but not impairedThe Group has trade receivables amounting to Rmb 12,623 (2007: Rmb 355,000) that are past due at thebalance sheet date but not impaired. These receivables are unsecured and the analysis of their aging at thebalance sheet date is as follows:Group2008 2007Rmb’000 Rmb’000Trade receivables past due30 to 90 days 9 8891 to 270 days 4 26713 355Annual Report 200872