90

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

19 TRADE AND OTHER RECEIVABLES (Continued)

(b) Impairment of trade debtors

Impairment losses in respect of trade debtors are recorded using an allowance account unless the Group is satisfied that recovery of the amount is remote, in which case the impairment loss is written off against trade debtors directly (see note 1(j)(i)).

The movement in the allowance for doubtful debts during the year, including both specific and collective loss components, is as follows:

At 1 January

Impairment loss reversed

Uncollectible amounts written off

At 31 December

The Group

2014

HK$'000

2013

HK$'000

At 31 December 2014 and 2013, the Group's trade debtors were not individually determined to be impaired.

(c)

Trade debtors that are not impaired

497

(24)

(473)

The ageing analysis of trade debtors that are neither individually nor collectively considered to be impaired are as follows:

Neither overdue nor impaired

The Group

2014

2013

HK$'000

HK$'000

151,119

173,885

1 to 3 months overdue

25,761

20,825

More than 3 months but less than 12 months overdue More than 12 months overdue

2,575

10,405

1,307

984

Hong Kong Ferry (Holdings) Company Limited Annual Report 2014

29,643

32,214

180,762

206,099

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