For the short period 1 April 2006 to 3 March 2007
| Current 2007 £m |
Non-current 2007 £m |
Current 2006 £m |
Non-current 2006 £m |
||||
| Trade receivables: | |||||||
| – Instalment receivables | 405.7 | 11.1 | 365.9 | 32.6 | |||
| – Other trade receivables | 70.1 | – | 54.7 | 3.9 | |||
| Amounts owed by former GUS Group companies | – | – | 960.8 | – | |||
| VAT recoverable | 0.2 | – | 3.8 | – | |||
| Prepayments and accrued income | 93.4 | 6.9 | 92.9 | 6.6 | |||
| 569.4 | 18.0 | 1,478.1 | 43.1 |
The carrying values of current trade and other receivables are a reasonable approximation of their fair values. Fair values of long-term receivables have been discounted where the time value of money is material.
All receivables due after more than one year are due within five years from the balance sheet date. There is no concentration of credit risk with respect to trade receivables, as Home Retail Group has a broad customer base.
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