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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