QUADIENT - 2019 Universal Registration Document

FINANCIAL STATEMENTS Consolidated financial statements

6-2-3: RECEIVABLE OVERDUE

31 January 2020 31 January 2019

Accounts receivable – Gross value Not overdue

123.6

124.8

Overdue:

127.7

123.0

< 30 days • 31-60 days • 61-90 days • 91-180 days • 181-360 days • >360 days •

57.2

52.1

16.2

15.7

12.0

12.4

14.5

14.1

10.8

10.5

17.0

18.2

TOTAL

251.3

247.8

Credit risk is limited because of the diversity and the very high number of customers, as well as the low unit value of each contract.

6-2-4: ACCOUNTS RECEIVABLE DEPRECIATION

31 January 2020 31 January 2019

Accounts receivable – Depreciation Depreciation at the beginning of the financial year

18.0

17.6

6

Charges

3.2

4.2

Used

(1.4)

(0.9)

Not used

(0.9)

(1.7)

Other

(1.0)

(1.4)

Translation difference

0.2

0.2

TOTAL

18.1

18.0

6-2-5: FINANCING LEASES

31 January 2020

31 January 2019

Non-current receivables Financing leases – gross receivables

512.3

515.5

Unearned financial income

(90.0)

(86.8)

Total

422.3

428.7

Current receivables Financing leases – gross receivables

341.6

343.7

Unearned financial income

(55.5)

(55.6)

Total

286.1

288.1

Gross receivables on financing leases Less than one year

341.6

343.7

Between one to five years

503.6

507.6

More than five years

8.7

7.9

Total gross value

853.9

859.2

Unearned financial income on financing leases

(145.5)

(142.4)

Net investment in financing leases Less than one year

286.1

288.1

Between one to five years

413.7

421.0

More than five years

8.6

7.7

TOTAL

708.4

716.8

151

UNIVERSAL REGISTRATION DOCUMENT 2019