Notes to the Consolidated Financial Statements
1. Basic information and principles of the report
2. Changes in Group structure
3. Summary of significant accounting policies
4. Risk assessment and management
5. Management of capital
6. Trade accounts receivable
| 2018 | 2017 | |
|---|---|---|
| MCHF | MCHF | |
| Trade accounts receivable | 208.5 | 212.6 |
| Allowances | -11.0 | -10.9 |
| Total trade accounts receivable | 197.5 | 201.7 |
Of the total trade accounts receivable, MCHF 8.5 were denominated in CHF, MCHF 64.6 in EUR, MCHF 20.4 in USD, MCHF 21.7 in GBP, MCHF 12.2 in SEK, MCHF 18.0 in DKK, MCHF 12.2 in NOK and MCHF 6.1 in PLN.
The following table shows the movements of allowances for trade accounts receivable:
| 2018 | 2017 | |
|---|---|---|
| MCHF | MCHF | |
| Allowances for trade accounts receivable | ||
| 1 January | 10.9 | 12.7 |
| Changes in scope of consolidation | 0.0 | -0.6 |
| Additions | 3.9 | 1.0 |
| Used | -2.2 | -0.4 |
| Reversed | -1.1 | -2.4 |
| Translation differences | -0.5 | 0.6 |
| 31 December | 11.0 | 10.9 |
| 2018 | 2017 | |
|---|---|---|
| MCHF | MCHF | |
| Maturity analysis of trade accounts receivable | ||
| Not due | 137.7 | 144.4 |
| Past due < 30 days | 44.2 | 36.1 |
| Past due < 60 days | 10.3 | 20.8 |
| Past due < 90 days | 2.8 | 1.4 |
| Past due < 120 days | 1.1 | 1.3 |
| Past due > 120 days | 12.4 | 8.6 |
| Allowances | -11.0 | -10.9 |
| Total trade accounts receivable | 197.5 | 201.7 |
The agreed payment terms range from 30 to 120 days.