17. Trade and other receivables
| Current |
2008 £m |
2007 £m |
| Trade receivables |
306.6 |
245.9 |
| Other receivables |
37.2 |
29.5 |
| Gross amounts due from customers on construction contracts |
17.8 |
11.1 |
| Prepayments and accrued income |
222.0 |
169.9 |
|
583.6 |
456.4 |
| Non-current |
2008 £m |
2007 £m |
| Other receivables |
1.8 |
1.5 |
| Prepayments and accrued income |
6.3 |
9.6 |
|
8.1 |
11.1 |
Trade receivables are non-interest bearing and are generally on 30 days’ terms.
At 31 December 2008, trade receivables at a nominal value of £7.1m (2007: £4.2m) were impaired and fully provided for.
Movements in the provision for impairment of trade receivables were as follows:
|
2008 £m |
2007 £m |
| At 1 January |
4.2 |
4.4 |
| Charge for year |
5.7 |
3.3 |
| Amounts written off |
(1.0) |
(0.9) |
| Unused amounts reversed |
(1.8) |
(2.6) |
|
7.1 |
4.2 |
As at 31 December, the analysis of trade receivables that were past due but not impaired is as follows:
|
Total £m |
|
Neither past due nor impaired £m |
|
Past due but not impaired |
|
|
|
0 – 3 months £m |
| 4 – 6 months £m |
| 7 – 12 months £m |
|
More than 12 months £m |
| 2008 |
306.6 |
|
245.6 |
|
52.6 |
|
8.4 |
|
– |
|
– |
| 2007 |
245.9 |
|
197.4 |
|
42.7 |
|
5.8 |
|
– |
|
– |
The Group monitors the level of trade receivables on a monthly basis, continually assessing the risk of default by any counterparty.