Euronext - 2020 Universal Registration Document

Financial Statements 8 Notes to the Consolidated Financial Statements

Set out below is the movement in the allowance for expected credit losses of trade and contract receivables:

2020

2019

In thousands of euros

As at 1 January

35

34

Provision for expected credit losses

(16)

1

Receivables written off during the year

–

–

AT 31 DECEMBER

19

35

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 on the credit risk exposure on the Company’s trade and contract receivables using a provision matrix:

31 December 2020

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

0.02%

0.02%

0.07%

0.26%

0.48%

Collectively assessed receivables

10,720

8,640

1,185

668

1,447

Expected credit loss collective basis

2

2

1

2

7

14

Expected credit loss rate

0.00%

0.00%

0.00%

0.00%

100.00%

Individually assessed receivables

–

–

–

–

5

Expected credit loss individual basis

–

–

–

–

5

5

12

19

TOTAL EXPECTED CREDIT LOSS

2

2

1

2

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%

0.01%

0.02%

0.12%

0.13%

Collectively assessed receivables

9,124

8,662

3,784

611

1,614

Expected credit loss collective basis

1

1

1

1

2

5

Expected credit loss rate

0.00%

0.00%

0.00%

0.00%

100.00%

Individually assessed receivables

–

–

–

–

30

Expected credit loss individual basis

–

–

–

–

30

30

33

35

TOTAL EXPECTED CREDIT LOSS

1

1

1

1

292

2020 UNIVERSAL REGISTRATION DOCUMENT