Notes to the Consolidated Financial Statements
1. Basic information
2. Changes in Group structure
3. Summary of significant accounting policies
4. Risk assessment and management
5. Management of capital
6. Trade accounts receivable
| 2020 | 2019 | |
| MCHF | MCHF | |
| Trade accounts receivable | 207.7 | 205.4 |
| Allowances | -12.7 | -12.0 |
| Total trade accounts receivable | 195.0 | 193.4 |
| 2020 | 2019 | |
| MCHF | MCHF | |
| Total trade accounts receivable by currency | ||
| CHF | 9.7 | 8.1 |
| EUR | 59.8 | 65.8 |
| USD | 17.9 | 22.0 |
| GBP | 28.1 | 17.9 |
| SEK | 22.3 | 15.2 |
| DKK | 12.5 | 15.2 |
| NOK | 12.7 | 12.4 |
| PLN | 4.1 | 6.8 |
| Other | 27.9 | 30.0 |
| Total trade accounts receivable | 195.0 | 193.4 |
The following table shows the movements of allowances for trade accounts receivable:
| 2020 | 2019 | |
| MCHF | MCHF | |
| Allowances for trade accounts receivable | ||
| 1 January | 12.0 | 11.0 |
| Additions | 3.5 | 5.0 |
| Used | -0.3 | -2.9 |
| Reversed | -2.1 | -0.8 |
| Translation differences | -0.4 | -0.3 |
| 31 December | 12.7 | 12.0 |
As at 31 December, allowances for trade accounts receivable include individual allowances of MCHF 5.2 (PY: MCHF 3.9) and allowances for expected credit losses (ECL) of MCHF 7.5 (PY: MCHF 8.1).
| 2020 | 2019 | |
| MCHF | MCHF | |
| Maturity analysis of trade accounts receivable | ||
| Not due | 128.5 | 141.1 |
| Past due < 30 days | 54.1 | 45.1 |
| Past due < 60 days | 11.6 | 6.0 |
| Past due < 90 days | 2.3 | 1.9 |
| Past due < 120 days | 1.7 | 2.1 |
| Past due > 120 days | 9.5 | 9.2 |
| Allowances | -12.7 | -12.0 |
| Total trade accounts receivable | 195.0 | 193.4 |
The agreed payment terms range from 30 to 120 days.
