ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2011

Accounts Receivable, Net [Abstract]

Accounts Receivables

ACCOUNTS RECEIVABLE

Accounts receivable comprised the following at December 31, 2011 and December 31, 2010:

	December 31, 2011			December 31, 2010
Unrelated customers	$	204,747		$	221,463
Less: allowance for bad debts and credit notes	(13,555		)	(13,202		)
Related parties	1,020			884
Less: allowance for bad debts and credit notes	(55		)	(3		)
Total accounts receivable	$	192,157		$	209,142

Bad debt expense for the year ended December 31, 2011 was US$ 3.3 million. We had net bad debt recoveries of US$ 0.2 million and net bad debt expense of US$ 2.8 million for the years ended December 31, 2010 and 2009, respectively.

At December 31, 2011, CZK 719.9 million (approximately US$ 36.1 million) (December 31, 2010: CZK 676.0 million, approximately US$ 33.9 million), of receivables were pledged as collateral under the Secured Revolving Credit Facility, the 2017 Fixed Rate Notes and the factoring agreement.  Of this amount, CZK 545.8 million (approximately US$ 27.4 million) (December 31, 2010: CZK 513.2 million, approximately US$ 25.7 million), of receivables in the Czech Republic were pledged as collateral under the factoring agreement (see Note 5, “Long-Term Debt and Other Financing Arrangements”).