The National Shipping Company of Saudi Arabia (A Saudi Joint Stock Company) Notes to the Consolidated Financial Statements As of December 31, 2012 (in Thousands of Saudi Riyals)
5. Trade Receivables and Other Debit Balances, Net
2012
2011
Trade receivables
322,584
243,185
Insurance claims
15,223
35,053
Employee receivables
12,412
10,469
Other debit balances
13,768
12,375
363,987
301,082
Provision for doubtful debts
(13,177)
(12,586)
Total
350,810 288,496
Movement in provision for doubtful debts is as follows:
2012
2011
Balance at the beginning of the year
12,586
19,418
Additions
7,600
5,290
Write-offs
(7,009)
(12,122)
Balance at the end of the year
13,177
12,586
87
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