Accounts Receivable, Net

9 Months Ended

Sep. 30, 2011

Receivables [Abstract]

Accounts Receivable, Net

4.       Accounts receivable, net

Accounts receivable at September 30, 2011 of $844.7 million(December 31, 2010: $692.5 million), are stated net of a provision for discounts and doubtful accounts of $26.9 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	172.5	130.8
Provision utilization	(169.0)	(130.2)
	_____________	_____________
As at September 30,	26.9	21.4
	_____________	_____________

At September 30, 2011 accounts receivable included $51.9million (December 31, 2010: $75.8million) related to royalty income.