Consolidated Profit And Loss Account Page 31
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48NOTES TO THE ACCOUNTS
18. TRADE AND OTHER RECEIVABLES
The Group maintains and closely monitors defined credit policies for its businesses and trade debtors in order
to control the credit risk associated with trade debtors.
Included in trade and other receivables are stakeholders’ deposits in the amount of HK$743.9 million (2004:
HK$435.6 million) in respect of pre-sale of properties and trade debtors of HK$357.8 million (2004:
HK$732.1 million). The ageing analysis of the Group’s trade debtors as at 31 March 2004 and 2005 is as
follows:
Group
2005
2004
HK$ Million
HK$ Million
Current
256.1
526.7
31 – 60 days
54.4
82.5
61 – 90 days
22.8
17.0
Over 90 days
24.5
105.9
357.8
732.1
19. BANK LOANS AND OVERDRAFTS
Group
Company
2005
2004
2005
2004
HK$ Million
HK$ Million
HK$ Million
HK$ Million
Unsecured bank loans and overdrafts
507.6
337.6
157.9
–
Current portion of unsecured
long-term bank loans
100.0
1,930.0
–
–
607.6
2,267.6
157.9
–
63
Wheelock and Company Limited Annual Report 2004/05
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