Annual Report and Accounts 2008
22 Current assets - Trade and other receivables
| 2008 £m |
2007 £m |
|
|---|---|---|
| Trade receivables | 227.7 | 170.3 |
| Less: provision for impairment of receivables | (11.8) | (6.5) |
| Trade receivables – net | 215.9 | 163.8 |
| Amounts due from associates and joint ventures | 1.4 | 3.7 |
| Amounts owed by other related parties | 1.2 | 1.0 |
| Other receivables | 45.0 | 42.8 |
| Prepayments and accrued income | 68.8 | 61.1 |
| 332.3 | 272.4 |
An analysis of the provision for impairment of receivables is provided below:
| 2008 £m |
2007 £m |
|
|---|---|---|
| At 1 January | (6.5) | (5.6) |
| Provided in the year | (5.3) | (0.9) |
| At 31 December | (11.8) | (6.5) |
Credit risk with respect to trade receivables is low as a large proportion of the Group’s trading is with public or quasi-public organisations.