Baker Technology LimitedAnnual Report 2014
123
19.
Trade andother receivables (cont’d)
Receivables that arepast duebut not impaired
TheGrouphas trade receivables amounting to $1,924,905 (2013: $8,427,966) that arepast due at theendof
the reportingperiodbut not impaired. These receivables are unsecured and the analysis of their aging at
theendof the reportingperiod is as follows :
Group
2014
2013
$
$
Trade receivables past duebut not impaired :
Lesser than30days
130,967
1,524,058
30 to 60days
363,385
3,914,476
61 to 90days
126,022
2,813,783
More than90days
1,304,531
175,649
1,924,905
8,427,966
Of the trade receivables of $1,304,531 (2013: $175,649) whichwas past due formore than 90days, $671,681
(2013: $Nil) relates to retention sums on construction contracts.
20.
Amounts due from subsidiaries
Company
2014
2013
$
$
Dividend receivable
–
5,000,000
Non-trade receivables
6,011,065
478,265
6,011,065
5,478,265
Theamountsduefromsubsidiariesarenon-trade,unsecured,non-interestbearingandarerepayableondemand.
NOTES TO THE
FINANCIAL STATEMENTS
For the financial year ended 31December 2014
