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| <NonNumbericText> <div style="font-size:12pt"><p>8. Accounts receivable, net <br /><br />Accounts receivable at December 31, 2009 of $597.5 million (December 31, 2008: $395.0 million), are stated net of a provision for discounts and doubtful accounts of $20.8 million (December 31, 2008: $20.2 million, 2007: $9.8 million). <br /><br />Provision for discounts and doubtful accounts:</p><table style="border-collapse: collapse; margin-top: 20px;"><tr><td height="17" width="324" align="left"> </td><td height="17" width="120" align="right"><b>2009 </b></td><td height="17" width="120" align="right"><b>2008 </b></td><td height="17" width="120" align="right"><b>2007 </b></td></tr><tr><td height="17" width="324" align="left"> </td><td height="17" width="120" align="right"><b>$’M</b></td><td height="17" width="120" align="right"><b>$’M</b></td><td height="17" width="120" align="right"><b>$’M</b></td></tr><tr><td height="11" width="324" align="left"> </td><td height="11" width="120" align="right">_____________</td><td height="11" width="120" align="right">_____________</td><td height="11" width="120" align="right">_____________</td></tr><tr><td height="19" width="324" align="left">As at January 1,</td><td height="19" width="120" align="right">20.2 </td><td height="19" width="120" align="right">9.8 </td><td height="19" width="120" align="right">8.8 </td></tr><tr><td height="19" width="324" align="left">Provision charged to operations</td><td height="19" width="120" align="right">127.4 </td><td height="19" width="120" align="right">95.0 </td><td height="19" width="120" align="right">60.1 </td></tr><tr><td height="19" width="324" align="left">Provision utilization</td><td height="19" width="120" align="right">(118.5)</td><td height="19" width="120" align="right">(84.6)</td><td height="19" width="120" align="right">(59.1)</td></tr><tr><td height="19" width="324" align="left">Reclassification</td><td height="19" width="120" align="right">(8.3)</td><td height="19" width="120" align="right">- </td><td height="19" width="120" align="right">- </td></tr><tr><td height="11" width="324" align="left"> </td><td height="11" width="120" align="right">_____________</td><td height="11" width="120" align="right">_____________</td><td height="11" width="120" align="right">_____________</td></tr><tr><td height="19" width="324" align="left">As at December 31,</td><td height="19" width="120" align="right">20.8 </td><td height="19" width="120" align="right">20.2 </td><td height="19" width="120" align="right">9.8 </td></tr><tr><td height="11" width="324" align="left"> </td><td height="11" width="120" align="right">_____________</td><td height="11" width="120" align="right">_____________</td><td height="11" width="120" align="right">_____________</td></tr></table><p>During the year to December 31, 2009 the Company reclassified its provision for Tricare Health Care Program rebates of $8.3 million at January 1, 2009 from provisions for discounts and doubtful accounts to accounts payable and accrued expenses.<br /><br />At December 31, 2009 accounts receivable included $92.4 million (December 31, 2008: $38.4 million) of receivables related to royalty income.</p></div> </NonNumbericText> |
| <NonNumericTextHeader> 8. Accounts receivable, net Accounts receivable at December 31, 2009 of $597.5 million (December 31, 2008: </NonNumericTextHeader> |
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