Euronext - 2019 Universal Registration Document
Financial Statements
Consolidated Statement of Changes in Equity
Set out below is the movement in the allowance for expected credit losses of trade and contract receivables:
2019
2018
In thousands of euros
As at 1 January
34
22 12
Provision for expected credit losses
1
Receivables written off during the year
-
AT 31 DECEMBER
35
34
The Company applies the IFRS 9 simplified approach to measuring expected credit losses which uses a lifetime expected loss allowance for its trade and contract receivables. Reference is made to Notes 3
and 37.4 of the Consolidated Financial Statements on the inputs used in establishing the provision matrix used to calculate the loss allowance provision.
Set out below is the information about the credit risk exposure on the Company’s trade and contract receivables using a provision matrix:
31 DECEMBER 2019
Trade receivables
Contract Receivables
30-60 days past due
61-90 days past due
> 91 days past due
Current
Total
In thousands of euros
Expected credit loss rate
0,01% 9 124
0,01% 8 662
0,02% 3 784
0,12%
0,13% 1 614
Collectively assessed receivables Expected credit loss collective basis
611
1
1
1
1
2
5
Expected credit loss rate
0,00%
0,00%
0,00%
0,00%
100,00%
Individually assessed receivables Expected credit loss individual basis TOTAL EXPECTED CREDIT LOSS
- -
- -
- -
- -
30 30 33
30 35
1
1
1
1
31 DECEMBER 2018
Trade receivables
30-60 days past due
61-90 days past due
> 91 days past due
Contract Receivables
Current
Total
In thousands of euros
Expected credit loss rate
0.03% 8 511
0.03% 9 063
0.08% 3 387
0.39% 1 553
1.03% 1 231
Collectively assessed receivables Expected credit loss collective basis
3
3
3
6
13
27
Expected credit loss rate
0.00%
0.00%
0.00%
0.00%
100.00%
8
Individually assessed receivables Expected credit loss individual basis TOTAL EXPECTED CREDIT LOSS
- -
- -
- -
- -
7 7
7 7
3
3
3
6
20
34
251
2019 UNIVERSAL REGISTRATION DOCUMENT
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