NOTES TO CONDENSED CONSOLIDATED FINANCIAL INFORMATION For the six months ended 30 June 2022 14. 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 2022 and 31 December 2021, based on the invoice date and net of loss allowance, is as follows: 30 June 2022 31 December 2021 (Unaudited) (Audited) US$’000 US$’000 Within 90 days 229,563 125,339 91 to 180 days 4,990 540 Over 180 days 16,217 89 Total 250,770 125,968 15. BANK AND OTHER BORROWINGS 30 June 2022 31 December 2021 Effective interest rate (%) Maturity US$’000 (Unaudited) Effective interest rate (%) Maturity US$’000 (Audited) Current Bank loans – secured 0.57-7.20 2022-2023 291,686 0.57-6.18 2022 438,846 Bank loans – unsecured 4.69 2023 311,619 3.09-4.10 2022 192,479 Other borrowings – unsecured 10.00 2022 7,162 – Bonds – unsecured 3.75-4.25 2022 28,006 6.75-7.875 2022 681,558 638,473 1,312,883 Non-current Bank loans – secured 0.57-8.67 2024-2041 940,353 0.57-6.18 2023-2041 794,954 Bank loans – unsecured 1.80-4.85 2023-2027 2,706,526 2.00-3.43 2023-2026 1,609,920 Other borrowings – unsecured 0.00-0.50 2023 49,606 0.50-10.00 2023-2024 57,627 Bonds – unsecured 4.15-6.00 2023-2025 300,168 5.10 2025 163,742 3,996,653 2,626,243 Convertible bonds (note 17) 5.03 2025 313,805 5.03 2025 308,769 4,310,458 2,935,012 4,948,931 4,247,895 E S R G R O U P L I M I T E D I N T E R I M R E P O R T 2 0 2 2 67
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