150 | CapitaLand Limited Annual Report 2014
Appendix
Notes to the Financial Statements
Year ended 31 December 2014
8
JOINT VENTURES
(cont’d)
The Group
Note
2014
$’000
2013
$’000
Restated
(b) Amounts due from/(to) joint ventures
Current accounts (unsecured)
- interest free (trade)
41,273
32,661
- interest free (non-trade)
2,502
1,106
- interest bearing (non-trade)
9,450
9,450
53,225
43,217
Less
Allowance for doubtful receivables
(11,160)
(10,091)
12
42,065
33,126
Non-current loans (unsecured, interest free)
10
365
365
Current accounts (unsecured)
- interest free (mainly non-trade)
(33,180)
(25,736)
- interest bearing (non-trade)
(130,107)
–
17
(163,287)
(25,736)
(c) Movements in allowance for doubtful receivables in respect of the above loans and current accounts were
as follows
The Group
2014
$’000
2013
$’000
At 1 January
(22,870)
(21,725)
Allowance during the year
(928)
(1,536)
Translation differences
(366)
391
At 31 December
(24,164)
(22,870)
