(9) Receivables

  The Breakdown of Short-Term Rreceivables
at December 31, 2005 and December 31, 2004
   
  TSKK December
31, 2005
December
31, 2004
 
         
  Receivables from companies within the Group
and other related parties (see Note 22)
470,995 176,678  
  Trade receivables 4,008,913 2,378,131  
  Tax receivables (see Note 21) 0 88,100  
  Other receivables 5,908 2,569  
  Provision for doubtful debt (1,028,110) (575,959)  
  Total 3,457,706 2,069,519  
         

Out of the total receivables at December 31, 2005, overdue receivables are SKK 1,479,902 thousand (at December 31, 2004: SKK 637,672 thousand).

The provision for doubtful debts was set up based on the estimated recoverability of receivables from individ-ual groups of customers.

  Movements in Provisions for Doubtful Debts to Reflect
Their Net Realizable Value for the Period
from January 1, 2005 to December 31, 2005
   
  TSKK December
31, 2005
December
31, 2004
 
         
  Opening balance 575,959 911,570  
  Creation 463,492 3,397  
  Release/ Decrease (11,341) (339,008)  
  Closing balance 1,028,110 575,959  
         

» Printer friendly version