Accounts Receivable, Net

12 Months Ended

Dec. 31, 2011

Receivables [Abstract]

Accounts Receivable Disclosure

7.       Accounts receivable, net

Accounts receivable at December 31, 2011 of $845.0 million(December 31, 2010: $692.5 million), are stated net of a provision for discounts and doubtful accounts of $31.1 million (December 31, 2010: $23.4 million; December 31, 2009: $20.8 million).

Provision for discounts and doubtful accounts:

	2011	2010	2009
	$’M	$’M	$’M
	_____________	_____________	_____________
As at January 1,	23.4	20.8	20.2
Provision charged to operations	240.8	178.1	127.4
Provision utilization	(233.1)	(175.5)	(118.5)
Reclassification	-	-	(8.3)
	_____________	_____________	_____________
As at December 31,	31.1	23.4	20.8
	_____________	_____________	_____________

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.

At December 31, 2011 accounts receivable included $73.3 million (December 31, 2010: $75.8 million) related to royalty income.