Annual Report 2021

156 Notes to the Financial Statements Annual Report 2021 Miramar Hotel and Investment Company, Limited 14 Inventories 2021 2020 HK$’000 HK$’000 Consumable stores 9,971 8,378 Properties held for resale 117,683 114,240 127,654 122,618 15 Trade and other receivables 2021 2020 HK$’000 HK$’000 Trade receivables 54,222 56,097 Less: loss allowance (note 23(a)) (7,598) (9,856) 46,624 46,241 Other receivables, deposits and prepayments 118,637 129,343 165,261 175,584 At 31 December 2021 and 2020, all of the trade and other receivables are expected to be recovered within one year, except for the amount of HK$8,686,000 (2020: HK$9,365,000) which is expected to be recovered after one year. Included in trade and other receivables are trade debtors (net of loss allowance) with the following ageing analysis, based on the invoice date (or date of revenue recognition, if earlier), as at the end of the reporting period: 2021 2020 HK$’000 HK$’000 Within 1 month 18,740 14,635 1 month to 2 months 3,851 4,503 Over 2 months 24,033 27,103 46,624 46,241 The Group’s credit policy and credit risk arising from trade receivables are set out in note 23(a).