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Annual - Johnson Electric

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17. Trade and other receivables (Cont’d)<br />

NOTES TO THE ACCOUNTS<br />

The trade and other receivables include trade receivables of US$375,558,000 (2005: US$233,474,000). The Group<br />

normally grants credit period ranging from 30 to 90 days to its trade customers. The ageing analysis of trade<br />

receivables was as follows:<br />

Group 2006 2005<br />

US$’000 US$’000<br />

0-60 days 284,475 162,847<br />

61-90 days 41,226 36,254<br />

Over 90 days 49,857 34,373<br />

Total 375,558 233,474<br />

There is no concentration of credit risk with respect to trade receivables, as the Group has a large number of<br />

customers.<br />

18. Investments in finance leases<br />

Group 2006 2005<br />

Non-current receivables<br />

US$’000 US$’000<br />

Finance leases – gross receivables 209 629<br />

Unearned finance income (57) (203)<br />

Current receivables<br />

152 426<br />

Finance leases – gross receivables 16 37<br />

Unearned finance income (8) (22)<br />

8 15<br />

<strong>Johnson</strong> <strong>Electric</strong> Holdings Limited 81

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