Notes to Condensed Consolidated Financial Information 30 June 2024 77 ESR Group Limited Interim Report 2024 17. TRADE RECEIVABLES The Group’s trading terms with its customers are mainly on credit. The Group seeks to maintain strict control over its outstanding receivables to minimise credit risk. Overdue balances are reviewed regularly by senior management. In view of the aforementioned and the fact that the Group’s trade receivables related to various diversified customers, there is no significant concentration of credit risk. The Group does not hold any collateral or other credit enhancements over its trade receivable balances. The balances of trade receivables are non-interest-bearing. An aging analysis of the trade receivables as at 30 June 2024 and 31 December 2023, based on the invoice date and net of loss allowance, is as follows: 30 June 2024 31 December 2023 (Unaudited) (Audited) US$’000 US$’000 Within 90 days 332,086 510,818 91 to 180 days 12,750 6,347 Over 180 days 20,593 15,696 Total 365,429 532,861 18. BANK AND OTHER BORROWINGS 30 June 2024 31 December 2023 Effective interest Maturity US$’000 Effective interest Maturity US$’000 rate (%) (Unaudited) rate (%) (Audited) Current Bank loans — secured 1.77–9.15 2024–2025 303,138 1.77–9.90 2024 111,904 Bank loans — unsecured 3.55–7.66 2024 718,685 3.55–7.67 2024 720,913 Other borrowings — unsecured 10.00 2025 6,603 10.00 2024 6,714 Bonds — unsecured 5.10 2025 165,890 4.15 2024 60,353 1,194,316 899,884 Non-current Bank loans — secured 0.62–9.60 2025–2044 1,174,227 0.62–9.90 2025–2043 1,221,658 Bank loans — unsecured 0.78–8.16 2025–2030 3,635,918 0.66–8.17 2025–2030 3,480,574 Bonds — unsecured 1.16–1.68 2026–2030 186,602 1.16–5.10 2025–2030 377,437 4,996,747 5,079,669 Convertible bonds (note 21) — — 4,996,747 5,079,669 6,191,063 5,979,553
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