Welcome to LANXESS Annual Report 2012!

Skip to:zur Hauptnavigation,zum Inhaltsbereich,zur Suche

(9) Trade receivables

All trade receivables – totaling €1,117 million (2011: €1,146 million) – are due within one year. Trade receivables of €4 million (2011: €6 million) related to other affiliates and €1,113 million (2011: €1,140 million) to other customers.

Trade receivables are stated after write-downs of €13 million (2011: €13 million) for amounts unlikely to be recovered. These write-downs related to gross receivables of €21 million (2011: €28 million).

Changes in write-downs of trade receivables were as follows:

Write-Downs of Trade Receivables
     
€ million 2011 2012
     
Balance at beginning of year (19) (13)
Additions charged as expenses (3) (4)
Reversals/utilization 8 4
Exchange differences 1 0
Balance at end of year (13) (13)
 

The maturity structure of past-due trade receivables was as follows:

Maturity Structure of Past-Due Trade Receivables
     
€ million Dec. 31, 2011 Dec. 31, 2012
     
Carrying amount 1,146 1,117
of which neither impaired nor past due 1,033 973
of which unimpaired but past due by    
up to 30 days 85 112
between 31 and 60 days 9 10
between 61 and 90 days 1 3
more than 90 days 3 11
 

With regard to trade receivables that were neither impaired nor past due, there were no indications as of the closing date that the respective debtors would not meet their payment obligations.

Service

Key Figure Analyser