Annual report pursuant to Section 13 and 15(d)

TRADE RECEIVABLES

v2.4.1.9
TRADE RECEIVABLES
12 Months Ended
Dec. 31, 2014
TRADE RECEIVABLES [Abstract]  
TRADE RECEIVABLES
NOTE 6 – TRADE RECEIVABLES

Trade receivables, net, at December 31, 2014, and 2013, respectively, consisted of the following:

   
2014
   
2013
 
   
(thousands of dollars)
 
             
Trade receivables
  $ 28,481     $ 22,279  
Less allowance for doubtful accounts
    (210 )     (210 )
                 
  Trade receivables, net
  $ 28,271     $ 22,069  

Trade receivables serves as collateral for our amended and restated loan agreement with a domestic bank (see Note 12).