Huawei 2015 Annual Report Download - page 86

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84
(c) Trade receivables due from third parties that are not impaired
The analysis of trade receivables due from third parties that are neither individually nor collectively considered to
be impaired is as follows:
2015 2014
CNY million CNY million
Neither past due nor impaired 64,283 51,974
Receivables that are neither past due nor impaired relate to a wide range of customers for whom there was no
recent history of default.
Receivables that are past due but not impaired are immaterial.
(d) Trade receivables due from related parties
The Group monitors the trade receivables due from related parties on an ongoing basis considering the financial
results of the related parties and repayments made by the related parties. As at December 31, 2015, allowance for
doubtful debts in respect of trade receivables due from related parties was CNY8 million (2014: CNY17 million).
(e) Factoring trade receivables
As at December 31, 2015, the Group's trade receivables of CNY2,443 million (2014: nil) have been factored with
PRC commercial banks to receive financing of CNY2,443 million (2014: nil). As the transaction was with recourse
and the Group retained substantially all the risks and rewards thereof, it continue to recognise the factoring trade
receivables and the financing received was recognised as loans and borrowings (note 24).