Audi 2014 Annual Report Download - page 266

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
ADDITIONAL DISCLOSURES
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CREDIT QUALITY OF FINANCIAL ASSETS MEASURED AT AMORTIZED COST
EUR million
Gross carrying
amount as of
Dec. 31, 2014
Neither past
due nor
impaired
Past due and
not impaired
Impaired
Trade receivables 3,697 3,102 535 60
Other receivables 4,169 4,102 18 49
of which receivables from loans 3,206 3,206 0 –
of which miscellaneous receivables 963 895 18 49
7,866 7,203 554 109
EUR million
Gross carrying
amount as of
Dec. 31, 2013
Neither past
due nor
impaired
Past due and
not impaired
Impaired
Trade receivables 3,218 2,684 475 59
Other receivables 1,209 1,129 32 49
of which receivables from loans 396 396 0 –
of which miscellaneous receivables 813 733 31 49
4,427 3,813 507 108
The trading partners, borrowers and debtors of the Audi Group
are regularly monitored under the risk management system. All
receivables that are “Neither past due nor impaired,” amounting
to EUR 7,203 (3,813) million, are allocable to risk category 1.
Risk category 1 is the highest rating category within the
Volkswagen Group; it exclusively comprises “Receivables owing
from customers of high creditworthiness.”
Within the Audi Group, there are absolutely no past due finan-
cial instruments measured at fair value. The fair values of
these financial instruments are determined based on their
market prices. Specific allowances of securities measured at
fair value were reversed in the amount of EUR 7 million in the
Audi Group during the 2014 fiscal year.
// MATURITY ANALYSIS OF GROSS CARRYING AMOUNTS
EUR million
Past due and
not impaired
Past due
Dec. 31, 2014 up to
30 days
between 30
and 90 days
more than
90 days
Trade receivables 535 77 330 128
Other receivables 18 9 4 5
Gross carrying amounts 554 86 334 133