Euronext // 2021 Universal Registration Document
Financial Statements
Notes to the Company Financial Statements
Set out below is the movement in the allowance for expected credit losses of trade and contract receivables:
2021
2020
In thousands of euros
As at 1 January
19
35
Provision for expected credit losses
3
(16)
Receivables written off during the year
—
—
AT 31 DECEMBER
22
19
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 2021
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
0.03%
0.03%
0.13%
0.30%
0.64%
Collectively assessed receivables
10,402
9,088
1,057
656
1,559
12,360
Expected credit loss collective basis
3
3
1
2
10
16
Expected credit loss rate
0.00%
0.00%
0.00%
0.00%
100.00%
Individually assessed receivables
—
—
—
—
3
3
Expected credit loss individual basis
—
—
—
—
3
3
TOTAL EXPECTED CREDIT LOSS
3
3
1
2
13
19
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
11,940
Expected credit loss collective basis
2
2
1
2
7
12
8
Expected credit loss rate
0.00%
0.00%
0.00%
0.00%
100.00%
Individually assessed receivables
—
—
—
—
5
5
Expected credit loss individual basis
—
—
—
—
5
5
TOTAL EXPECTED CREDIT LOSS
2
2
1
2
12
17
299
2021 UNIVERSAL REGISTRATION DOCUMENT
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