ESR Group Limited Interim Report 2023 Notes to Condensed Consolidated Financial Information 30 June 2023 75 15. 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 2023 and 31 December 2022, based on the invoice date and net of loss allowance, is as follows: 30 June 2023 31 December 2022 (Unaudited) (Audited) US$’000 US$’000 Within 90 days 458,594 347,924 91 to 180 days 11,818 3,904 Over 180 days 12,338 1,660 Total 482,750 353,488 16. BANK AND OTHER BORROWINGS 30 June 2023 31 December 2022 Effective interest rate (%) Maturity US$’000 (Unaudited) Effective interest rate (%) Maturity US$’000 (Audited) Current Bank loans — secured 2.00–7.20 2023–2024 64,218 0.57–7.20 2023 53,744 Bank loans — unsecured 2.20 2024 135,477 2.20 2023 95,382 Other borrowings — unsecured 0.50–10.00 2023 51,107 0.50–10.00 2023 52,560 Bonds — unsecured 4.15–6.00 2023–2024 143,738 4.25–6.00 2023 88,766 394,540 290,452 Non-current Bank loans — secured 0.61–9.90 2024–2043 1,180,364 0.57–9.40 2024–2042 1,270,017 Bank loans — unsecured 1.75–7.92 2024–2028 3,564,054 1.75–7.98 2024–2027 3,392,381 Bonds — unsecured 5.10 2025 165,541 4.15–5.10 2024–2025 224,727 4,909,959 4,887,125 Convertible bonds (note 19) 5.03 2025 324,342 5.03 2025 319,053 5,234,301 5,206,178 5,628,841 5,496,630
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