for the year ended 31 December 2016
NOTES TO THE
FINANCIAL STATEMENTS
Baker Technology Limited
-
119
-
17.
Tradeandotherreceivables
Group
Company
2016
2015
2016
2015
$’000
$’000
$’000
$’000
Trade receivables – net
4,132
8,013
832
–
Deposits
119
231
–
–
Downpayment for capital expenditure
313
120
–
–
GST recoverable
382
2,511
77
–
Sundry receivables
651
255
94
–
Interest receivables
86
117
86
117
Total trade and other receivables
5,683
11,247
1,089
117
Trade and other receivables (excludingGST
recoverable and downpayment for capital
expenditure)
4,988
8,616
755
117
Amount due from subsidiaries (Note 18)
–
–
93,074
67,166
Cash and short-term deposits (Note 19)
106,956
140,070
99,157
128,265
Total loans and receivables
111,944
148,686
192,986
195,548
Trade receivables are non-interest bearing and are generally on 30 to 90 days’ terms. They are recognised at
their original invoiced amountswhich represent their fair values on initial recognition.
TheGroup’s trade receivables denominated in foreign currencies at 31December are as follows:
Group
Company
2016
2015
2016
2015
$’000
$’000
$’000
$’000
UnitedStatesDollar
4,132
8,013
832
–
