WindarPhotonics AnnualReport 2018 All - Flipbook - Page 67
19. Inventory
Group
As at
As at
31 Dec 2018
31 Dec 2017
€
€
Raw material
Work in progress
Finished goods
364,090
311,420
51,489
335,653
340,535
63,422
Inventory
726,999
739,610
The cost of inventory sold and recognised as an expense during the year was €1,268,040 (2017: €1,024,481).
20. Trade and other receivables
GroupCompany
As at
As at
As at
As at
31 December 31 December 31 December
31 December
2018 2017 20182017
€ € €€
Trade receivables
685,679
428,979
-
-
Less; provision for impairment
of trade receivables
(47,541)
(47,684)
-
-
Trade receivables – net
Receivables from related parties
Total financial assets other
than cash and cash equivalents
classified at amortised costs
Tax receivables
Other receivables
638,138
-
381,295
-
974,624
276,299
638,138
381,295
974,624
276,299
120,209
66,169
-
166,264
150,541
12,703
Total trade and other receivables
924,611
598,005
987,327
288,479
598,005
987,327
288,479
Total other receivables
286,473
Classified as follows:
Current Portion
924,611
216,710
12,703
12,180
12,180
The carrying value of trade and other receivables classified at amortised cost approximates fair value.
Windar Photonics - Annual Report and Accounts 2018
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