|
|
|
|
Accounts receivable consist of the following:
|
September
30,
|
|
1999
|
1998
|
|
(Thousands
of U.S. dollars)
|
| Customers
|
9.210
|
4.445
|
| Import
duty draw backs |
1.835
|
2.000
|
| Value
added tax and wholesale and luxury tax, net (note
9) |
4.662
|
3.215
|
| Employees |
113
|
-
|
| Other
accounts receivable |
310
|
122
|
| Allowance
for doubtful accounts |
(1.835)
|
(860)
|
|
14.295
|
8.922
|
|
Import duty draw backs, which are established in the Venezuelan
Customs Law, represent pending reimbursements to exporting companies.
Total exports sales of HBI were as follows:
|
Years
ended September 30,
|
|
1999
|
1998
|
1997
|
|
(Thousands
of U.S. dollars)
|
|
|
|
|
|
| Destination:
|
|
|
|
| United
States of America |
39.182
|
35.818
|
40.574
|
| South
Korea |
-
|
-
|
12.987
|
| Spain |
5.744
|
7.983
|
21.273
|
| Belgium |
-
|
406
|
3.611
|
| Canada |
-
|
815
|
6.800
|
| Peru |
1.562
|
-
|
-
|
| Mexico |
1.172
|
-
|
-
|
| Japan |
264
|
-
|
-
|
|
47.924
|
45.022
|
85.245
|
|
|
|
