QUADIENT - 2020 Universal Registration Document

FINANCIAL STATEMENTS Consolidated financial statements

6-2-3: RECEIVABLE OVERDUE

31 January 2021

31 January 2020

Accounts receivable – Gross value Not overdue

134.1

123.6

Overdue:

118.8

127.7

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

48.2

57.2

17.4

16.2

10.6

12.0

12.7

14.5

11.7

10.8

18.2

17.0

TOTAL

252.9

251.3

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 2021

31 January 2020

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

6

18.1

18.0

Charges

9.1

3.2

Used

(4.2)

(1.4)

Not used

(0.8)

(0.9)

Other

(0.3)

(1.0)

Translation difference

(0.5)

0.2

TOTAL

21.4

18.1

6-2-5: FINANCING LEASES

31 January 2021

31 January 2020

Non-current receivables Financing leases – gross receivables

442.3

512.3

Unearned financial income

(79.8)

(90.0)

Total

362.5

422.3

Current receivables Financing leases – gross receivables

294.1

341.6

Unearned financial income

(48.5)

(55.5)

Total

245.6

286.1

Gross receivables on financing leases Less than one year

294.1

341.6

Between one to five years

437.8

503.6

More than five years

4.5

8.7

Total gross value

736.4

853.9

165

UNIVERSAL REGISTRATION DOCUMENT 2020