Annual Report 2006 ISS Global A/S

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
1 January – 31 December. Amounts in DKK millions
20. Inventories 2006
Raw materials and supplies
Work in progress
Finished goods
Inventories
Inventories expensed 4,911
21. Trade receivables and contract work in progress 2006
Provision for doubtful debts included in trade receivables
Debtor days 2)
Trade receivables 1)
Contract work in progress
Contract expenses
Recognised profits
102
60
162
324
9,281
(225)
48
Contract work in progress, gross 258
Advances and prepayments (51)
Contract work in progress, net 207
1) The carrying amount of trade receivables approximates their fair values.
2) Debtor days is calculated by dividing trade receivables with daily revenue including VAT.
22. Other receivables 2006
Receivable from affiliates 1)
20
Receivable from associate 2)
-
Interest rate swaps 3)
97
Prepayments 343
Other 351
Other receivables 4)
1) Effective interest rate regarding receivable from affiliates was 8.5% (2005: 6.4%).
2) Effective interest rate regarding receivable from associate was 15.0%.
3) The marked-to-market value of interest rate swaps.
4) The carrying amount of other receivables approximates their fair values.
221
37
811
2005
131
52
117
300
3,753
2005
7,564
(202)
47
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ANNUAL REPORT 2006 / Consolidated Financial Statements
80
164
23
187
(34)
153
2005
141
179
27
321
187
855