Chrysler 2015 Annual Report Download - page 185

2015 | ANNUAL REPORT 185
15. Receivables and Other current assets
The composition of receivables and other current assets was as follows:
At December 31,
2015 2014
(€ million)
Trade receivables 2,668 2,564
Receivables from financing activities 2,006 3,843
Current tax receivables 405 328
Other current assets:
Other current receivables 2,386 2,246
Accrued income and prepaid expenses 692 515
Total Other current assets 3,078 2,761
Total receivables and other current assets 8,157 9,496
The analysis by due date (excluding Accrued income and prepaid expenses) was as follows:
At December 31,
2015 2014
Due
within
one year
Due
between
oneand
five years
Due
beyond
five years Total
Due
within
one year
Due
between
oneand
five years
Due
beyond
five years Total
(€ million)
Trade receivables 2,651 16 1 2,668 2,564 — — 2,564
Receivables from financing
activities 1,778 228 — 2,006 3,013 776 54 3,843
Current tax receivables 307 58 40 405 284 7 37 328
Other current receivables 2,129 243 14 2,386 2,076 156 14 2,246
Total receivables 6,865 545 55 7,465 7,937 939 105 8,981
Trade receivables
Trade receivables, amounting to €2,668 million at December31, 2015 (€2,564 million at December31, 2014), are
shown net of the allowance for doubtful accounts of €303 million at December31, 2015 (€320 million at December31,
2014). At December 31, 2015 a total of €98 million of trade receivables, net of an allowance for doubtful accounts,
related to Ferrari were classified within Assets held for distribution.
Changes in the allowance for doubtful accounts, which is calculated on the basis of historical losses on receivables,
were as follows:
At January 1,
2015 Provision
Useand
other changes
Transfer to
Assets held
for distribution
At December
31, 2015
(€ million)
Allowance for doubtful accounts 320 46 (42) (21) 303
At January 1,
2014 Provision
Useand
other changes
At December
31, 2014
(€ million)
Allowance for doubtful accounts 344 33 (57) 320