Bahri Annual Report-2011

Financial Statements Report 2011

Notes To The Consolidated Financial Statements For the year ended December 31, 2011 (In Thousands Saudi Riyals)

5. TRADE RECEIVABLES AND OTHER CURRENT DEBIT BALANCES, NET

Trade receivables and other current debit balances, net at December 31 comprise the following:

2011

2010

Trade receivables

243,185

134,386

Insurance claims

35,053

41,821

Employee receivables

10,469

11,137

Other debit balances

12,375

7,317

301,082

194,661

Provision for doubtful debts

)12,586(

)19,418(

288,496

175,243

Movement in provision for doubtful debts is as follows:

2011

2010

Balance at beginning of the year

19,418

18,237

Additions

5,290

2,397

Write-offs

)12,122(

)1,216(

Balance at end of the year

12,586

19,418

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