Audi 2015 Annual Report Download - page 268

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, 2015
Neither past
due nor
impaired
Past due and
not impaired
Impaired
Trade receivables 4,149 3,626 463 61
Other receivables 2,388 2,340 13 35
of which receivables from loans 1,149 1,149 0 –
of which miscellaneous receivables 1,238 1,190 13 35
6,537 5,966 476 95
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
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 5,966 (7,203) 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.”
There are no past due financial instruments measured at fair
value within the Audi Group. The fair values of these financial
instruments are determined based on their market prices. In
the 2015 fiscal year, no specific allowances were carried out in
the Audi Group regarding securities measured at fair value.
// MATURITY ANALYSIS OF GROSS CARRYING AMOUNTS
EUR million Past due and
not impaired
Past due
Dec. 31, 2015 up to 30 days between 30
and 90 days
more than
90 days
Trade receivables 463 92 188 182
Other receivables 13 4 4 5
Gross carrying amounts 476 96 192 187