65
FLEXIGROUP LIMITED FINANCIAL REPORT 2011
10. Current assets – Inventories
Consolidated
2011
2010
$’000
$’000
Returned rental equipment
26
46
Extended rental assets
202
374
Mobile broadband stock
30
557
258
977
11. Current assets – Current tax receivable
Consolidated
2011
2010
$’000
$’000
Income tax receivable
–
19,179
12. Non-current assets – Receivables
Consolidated
2011
2010
$’000
$’000
Lease receivables
Gross rental receivables*
251,367
217,225
Guaranteed residuals
3,149
1,710
Unguaranteed residuals
9,529
2,597
Unearned income
(51,289)
(41,376)
Unamortised initial direct transaction costs
13,651
15,253
Net lease receivables
226,407
195,409
Allowance for losses
(4,703)
(3,924)
221,704
191,485
13. Non-current assets – Customer loans
Consolidated
2011
2010
$’000
$’000
Loan receivables*
111,688
71,401
Allowance for losses
(1,536)
(1,364)
110,152
70,037
* Refer to note 38 for disclosure of impaired lease and loan receivables, past due but not impaired receivables and the fair value
of receivables.
Risk exposure
Information about the Group’s exposure to credit risk, foreign exchange and interest rate risk is provided in note 38.
The maximum exposure to credit risk at the end of the reporting period is the carrying amount of each class of receivable
mentioned in note 38.