2.1 Trade receivables

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturity analysis

 

 

Financial year ended 30.06.2019

 

Financial year ended 30.06.2018

CHF million

 

 

Gross

 

Allow.

 

Net

 

Gross

 

Allow.

 

Net

Trade receivables

 

 

522.2

 

–22.7

 

499.5

 

527.9

 

–25.8

 

502.1

Not yet due

 

 

345.0

 

–1.2

 

343.8

 

374.3

 

–1.2

 

373.1

1–30 day(s) overdue

 

 

81.7

 

–0.2

 

81.5

 

69.0

 

–0.3

 

68.7

31–60 days overdue

 

 

26.3

 

–0.2

 

26.1

 

22.6

 

0.0

 

22.6

61–90 days overdue

 

 

17.8

 

–0.1

 

17.7

 

12.4

 

0.0

 

12.4

91–120 days overdue

 

 

10.2

 

–0.4

 

9.8

 

9.6

 

–0.6

 

9.0

121–150 days overdue

 

 

5.0

 

–0.3

 

4.7

 

5.1

 

–0.8

 

4.3

More than 150 days overdue

 

 

36.2

 

–20.3

 

15.9

 

34.9

 

–22.9

 

12.0

The Group does not hold material collateral as security for trade receivables.

Accounting principles

Short-term accounts receivable are stated at nominal value less allowance for doubtful accounts. The amount of the allowance is the difference between the asset’s carrying amount and the present value of estimated future cash flows. It is assessed based on the maturity structure. In addition, accounts receivable are individually impaired if there is clear evidence of insolvency or other indications that collectability is severely endangered.

 
 

This website uses cookies to ensure you get the best experience on our website.

You are using an outdated browser. Please update your browser to view this website correctly: https://browsehappy.com/