Harley Davidson 2015 Annual Report Download - page 67

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67
Wholesale finance receivables are generally contractually due within one year. On December 31, 2015, contractual
maturities of finance receivables were as follows (in thousands):
United States Canada Total
2016 $ 1,991,614 $ 93,539 $ 2,085,153
2017 1,104,233 37,415 1,141,648
2018 1,234,333 41,339 1,275,672
2019 1,379,791 45,673 1,425,464
2020 1,024,927 28,915 1,053,842
Thereafter 33,552 — 33,552
Total $ 6,768,450 $ 246,881 $ 7,015,331
The allowance for credit losses on finance receivables is comprised of individual components relating to wholesale and
retail finance receivables. Changes in the allowance for credit losses on finance receivables by portfolio for the year ended
December 31 were as follows (in thousands):
2015
Retail Wholesale Total
Balance, beginning of period $ 122,025 $ 5,339 $ 127,364
Provision for credit losses 98,826 2,519 101,345
Charge-offs (123,911) — (123,911)
Recoveries 42,380 — 42,380
Balance, end of period $ 139,320 $ 7,858 $ 147,178
2014
Retail Wholesale Total
Balance, beginning of period $ 106,063 $ 4,630 $ 110,693
Provision for credit losses 80,237 709 80,946
Charge-offs (102,831) — (102,831)
Recoveries 38,556 — 38,556
Balance, end of period $ 122,025 $ 5,339 $ 127,364
2013
Retail Wholesale Total
Balance, beginning of period $ 101,442 $ 6,225 $ 107,667
Provision for credit losses 61,603 (1,595) 60,008
Charge-offs (97,928) — (97,928)
Recoveries 40,946 — 40,946
Balance, end of period $ 106,063 $ 4,630 $ 110,693