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L.V. TECHNOLOGY Public Company Limited Annual Report 2011

Notes to the financial statements For the years ended 31 December 2011 and 2010

Short-term loan agreements The Company has provided an interest- free short-term loan to LV Europe, a subsidiary, amounting to Euro 0.6 million.

6 Cash and cash equivalents (in thousand Baht)

Consolidated financial statements

2011

Separate financial statements

2010

2011

2010

Cash on hand Cash at banks - current accounts Cash at banks - savings accounts

54 16,047 109,508

73 5,445 59,860

54 16,047 91,188

73 4,871 46,363

Total

125,609

65,378

107,289

51,307

7 Trade accounts receivable (in thousand Baht)

Note

Related parties Other parties

5

Less allowance for doubtful accounts Net Bad debts and allowance for doubtful accounts for the year

Consolidated financial statements Separate financial statements

2011

2010

2011

2010

171,403 577,621 749,024 (24,083) 724,941

19,171 345,361 364,532 (59,492) 305,040

199,866 577,621 777,487 (39,357) 738,130

19,171 345,361 364,532 (59,492) 305,040

(2,414)

31,370

(2,414)

38,700

Trade accounts receivable as shown above include commissioning receivable on contracts as follows: (in thousand Baht)

Note

Related parties Other parties Total

5

Consolidated financial statements Separate financial statements

2011

2010

2011

2010

2,060 254,758 256,818

144,407 144,407

2,060 254,758 256,818

144,407 144,407

141

LVT : Annual Report 2011  
LVT : Annual Report 2011  

Annual Report 2011

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