BMW 2015 Annual Report Download - page 131
Download and view the complete annual report
Please find page 131 of the 2015 BMW annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121 -
122 -
123 -
124 -
125 -
126 -
127 -
128 -
129 -
130 -
131 -
132 -
133 -
134 -
135 -
136 -
137 -
138 -
139 -
140 -
141 -
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
 |
 |
131 GROUP FINANCIAL STATEMENTS
32
in € million 31. 12. 2015 31. 12. 2014
Gross carrying amount 2,847 2,236
Allowance for impairment – 96 – 83
Net carrying amount 2,751 2,153
2015 Allowance for impairment recognised on a Total
in € million specific item basis group basis
Balance at 1 January 76 7 83
Allocated (+) / reversed (–) 36 7 43
Utilised – 27 – 1 – 28
Exchange rate impact and other changes – 1 – 1 – 2
Balance at 31 December 84 12 96
2014 Allowance for impairment recognised on a Total
in € million specific item basis group basis
Balance at 1 January 98 9 107
Allocated (+) / reversed (–) – 6 – 2 – 8
Utilised – 15 – – 15
Exchange rate impact and other changes – 1 – – 1
Balance at 31 December 76 7 83
Allowances on trade receivables developed as follows during the year under report:
Allowances for impairment and credit risk
in € million 31. 12. 2015 31. 12. 2014
1 – 30 days overdue 128 100
31 – 60 days overdue 20 73
61 – 90 days overdue 10 26
91 – 120 days overdue 15 30
More than 120 days overdue 22 52
195 281
Trade receivables
Trade receivables totalling € 2,751 million (2014: € 2,153
Some trade receivables were overdue for which an impairment loss was not recognised. Overdue balances are
analysed into the following time windows:
million) include € 53 million (2014: € 47 million) due
later than one year.