82 / 113
13 Debtors and other debit balances
December 31, 2016
December 31, 2015
Advance payments to suppliers
607 101
202 565
Withholding tax
185 815
143 631
Sales tax receivable
82 740
-
Accrued interest
7 090
754
Letters of credit
83 437
521 906
Prepaid expenses
68 930
88 324
Deposits with others
23 804
10 956
Letters of guaranteemargin
56 813
19 966
Staff loans and custodies
23 802
18 340
Other debit balances
74 298
63 268
Customs duties
2 431
5 206
Total
1 216261
1 074916
Impairment of debtor and other debit balances
(7 907)
(5 407)
Net
1 208 354
1 069 509
14 Cash on hand and at banks
A Cash on hand and at banks
December 31, 2016
December 31, 2015
Cash on hand and cash at banks
1 225 300
1 188 704
1 225 300
1 188 704
B Cash and cash equivalents
December 31, 2016
December 31, 2015
Cash on hand and cash at banks
1 225 300
1 188 704
1 225 300
1 188 704
2016 ANNUAL REPORT
80
GB Auto (S.A.E.)
Notes to the consolidated financial statements for the financial year ended December 31, 2016
(In thenotes all amounts are shown inThousandEgyptianPounds unless otherwise stated)