ESR IR 2021 - EN

67 ESR Interim Report 2021 Notes to Condensed Consolidated Financial Information 30 June 2021 14. 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 2021 and 31 December 2020, based on the invoice date and net of loss allowance, is as follows: 30 June 31 December 2021 2020 (Unaudited) (Audited) US$’000 US$’000 Within 90 days 117,909 93,950 91 to 180 days 3,274 48 Over 180 days 3,855 675 Total 125,038 94,673 15. BANK AND OTHER BORROWINGS 30 June 2021 31 December 2020 Effective interest rate (%) Maturity US$’000 Effective interest rate (%) Maturity US$’000 (Unaudited) (Audited) Current Bank loans — secured 0.82–6.18 2022 412,744 0.20–6.18 2021 526,368 Bank loans — unsecured 3.20–4.10 2022 296,698 3.23–4.35 2021 207,292 Bonds — unsecured 6.75–7.88 2022 683,477 – – – 1,392,919 733,660 Non-current Bank loans — secured 0.61–6.18 2023–2038 944,953 1.70–6.77 2022–2036 803,868 Bank loans — unsecured 2.00–3.89 2023–2026 889,959 2.15–3.25 2022–2023 551,584 Other borrowings — unsecured 0.50–10.00 2023–2024 55,354 0.50–10.00 2023–2024 54,859 Bonds — unsecured 5.10 2025 165,651 5.10–7.88 2022–2025 852,310 2,055,917 2,262,621 Convertible bonds (note 17) 5.03 2025 303,779 5.03 2025 298,997 2,359,696 2,561,618 3,752,615 3,295,278