CDON Group Annual Report 2010
Note 13 Accounts receivable
| Group |
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| Credit exposure |
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| Accounts receivable are recognised taking into consideration credit losses incurred during the year of SEK 1,806 thousand (4,953) in the Group. The credit losses refer to losses on a number of smaller customers. |
| SEK thousands |
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|
31 december 2010 |
31 december 2009 |
| Accounts receivable not overdue or written down |
|
|
|
|
25 052 |
17 700 |
| Accounts receivable overdue but not written down |
|
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3 871 |
1 739 |
| Accounts receivable written down |
|
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2 567 |
2 991 |
| Provision for bad customer accounts |
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-2 567 |
-2 991 |
| Total accounts receivable |
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28 923 |
19 439 |
| |
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| The credit risk in accounts receivable that are not overdue or written down is deemed to not be large. No individual customer account is responsible for more than 6% of the Group accounts receivable. |
| The company’s accounts receivable are mainly in SEK. There is not deemed to be any significant currency exposure in accounts receivable. |
| Receivables due without provisions for bad debt (SEK thousands) |
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31 december 2010 |
31 december 2009 |
| <30 days |
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2 660 |
1 504 |
| 30-90 days |
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|
906 |
142 |
| > 90 days |
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|
305 |
93 |
| Total |
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3 871 |
1 739 |
| |
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| Receivables due with provisions for bad debt (SEK thousands) |
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31 december 2010 |
31 december 2009 |
| > 90 days |
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2 567 |
2 991 |
| Total |
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2 567 |
2 991 |
| |
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| Provision for bad customer accounts (SEK thousands) |
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31 december 2010 |
31 december 2009 |
| Opening balance, 1 January |
|
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2 991 |
3 751 |
| Provision for potential losses |
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|
1 376 |
4 590 |
| Actual losses |
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|
-1 800 |
-5 042 |
| Translation differences |
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- |
-308 |
| Closing balance, 31 December |
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2 567 |
2 991 |
