Accounts Receivable, Net

6 Months Ended

Jun. 30, 2011

Receivables [Abstract]

Accounts Receivable, Net

4.       Accounts receivable, net

Accounts receivable at June 30, 2011 of $797.2 million(December 31, 2010: $692.5 million), are stated net of a provision for discounts and doubtful accounts of $28.8 million (December 31, 2010: $23.4 million).

Provision for discounts and doubtful accounts:

	2011	2010
	$’M	$’M
	_____________	_____________
As at January 1,	23.4	20.8
Provision charged to operations	114.8	85.2
Provision utilization	(109.4)	(83.2)
	_____________	_____________
As at June 30,	28.8	22.8
	_____________	_____________

At June 30, 2011 accounts receivable included $63.4million (December 31, 2010: $75.8million) related to royalty income.