Page 53 - ar2012

TEHO INTERNATIONAL INC LTD Annual Report 2012 51
Notes to the
Financial Statements
30 June 2011
20. Trade and Other Receivables
Group Company
2012
$
2011
$
2012
$
2011
$
Trade receivables:
Outside parties 8,422,244 7,026,399 – –
Less: allowance for
impairment (11,034) (22,906) – –
Subsidiaries (Note 3) – – 776 –
Subtotal 8,411,210 7,003,493 776 –
Other receivables:
Subsidiary (Note 3) – – 1,818,146 3,924,346
Deposits to secure
services 79,793 85,341 8,000 –
Subtotal 79,793 85,341 1,826,146 3,924,346
Total trade and other
receivables 8,491,003 7,088,834 1,826,922 3,924,346
Movements in above
allowance:
Balance at beginning of
year 22,906 13,134 – –
Used (5,472) – – –
Reversed to proft or loss
included in Other Credits (6,400) – – –
Charged to proft or
loss included in Other
Charges – 9,772 – –
Balance at end of year 11,034 22,906 – –
21. Other Assets
Group Company
2012
$
2011
$
2012
$
2011
$
Prepayments 260,069 170,042 86,492 86,492
22. Cash and Cash Equivalents
Group Company
2012
$
2011
$
2012
$
2011
$
Not restricted in use 7,029,224 8,111,180 33,433 60,024
Cash pledged for bank
facilities #a 25,000 – – –
Cash at end of the year 7,054,224 8,111,180 33,433 60,024
Interest earning balances 33,039 4,563 – 895
The rate of interest for the cash on interest earning balances was between 0.18% -
3.75% (2011: 0.1% - 0.2%).
#a This is for amount held by bankers to cover the bank guarantee issued.
22A. Cash and Cash Equivalents in Statement of Cash Flows:
Group
2012
$
2011
$
Amount as shown above 7,054,224 8,111,180
Cash pledged for bank facilities (25,000) –
Cash and cash equivalents for statement of cash
fows purposes at end of year 7,029,224 8,111,180