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Note 23: Trade receivables

  Group   Company
£ million 2009 2008   2009 2008
Trade receivables 543 598   530 586
Less: provision for doubtful receivables 13 12   13 12
Net trade receivables 530 586   517 574

Movements in the provision for doubtful trade receivables were as follows:

£ million Group Company
At April 1, 2007 16 16
Provision for doubtful receivables 7 7
Receivables written off during the year (7) (7)
Unused amounts reversed (4) (4)
At March 31, 2008 12 12
Provision for doubtful receivables 3 3
Exchange movement on revaluation 2 2
Receivables written off during the year (2) (2)
Unused amounts reversed (2) (2)
At March 31, 2009 13 13

As at March 31, the ageing analysis of trade receivables is as follows:

      Past due but not impaired
£ million Total Neither past due nor impaired < 30 days 30-60 days > 60 days
Group          
2009 530 510 14 2 4
2008 586 578 1 1 6
Company          
2009 517 510 2 1 4
2008 574 567 1 1 5

Trade receivables are generally non-interest-bearing and on 30 days’ terms.

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