Short-term investments as at 31 December 2000 and 1999 comprise the
following:
Consolidated
and Company
2000
1999
Baht
Baht
Fixed
deposits
Duration
� 3 months
�
65,039,016
�
6 months
�
65,575,703
�
12 months
�
35,000,000
Total
fixed deposits
�
165,614,719
Promissory
notes
Duration
�
6 months
13,000,000
Total
promissory notes
13,000,000
Investments
in open-end fixed income funds
(available for sales)
Balance
- at cost
90,171,600
20,000,000
Unrealised
gains from changes in fair values of investments
717,744
109,780
Total
investments in open - end fixedincome funds (available for sales)
90,889,344
20,109,780
Total
short-term investments
90,889,344
198,724,499
Note 6. Trade
accounts receivable, net
Trade accounts receivable as at 31 December 2000 and 1999 comprise
the following:
Consolidated
2000
1999
Restated
Baht
Baht
Trade
accounts receivable - third parties
192,743,737
187,798,815
Less: Allowance for doubtful accounts
(22,328,005)
(37,339,176)
Allowance
for goods returned
(1,124,476)
(370,586)
Total
trade accounts receivable, net
169,291,256
150,089,053
Company
2000
1999
Baht
Baht
Trade
accounts receivable - third parties
168,433,877
172,810,556
Less:
Allowance for doubtful accounts
(21,994,247)
(36,969,908)
Total
trade accounts receivable, net
146,439,630
135,840,648
Included
in the above trade accounts receivable as at 31 December 2000 are
debtors which are outstanding over 3 months amounting to Bht 19,734,730
(1999: Bht 34,585,206). The Group has set up an allowance for doubtful
accounts for these debtors amounting to Bht 16,421,690 (1999: Bht
37,339,177) since the directors are of the opinion that the Group
will collect the full amount of the remaining debtors of Bht 3,313,040.