Tiscali 2014 Annual Report Download - page 153

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Annual financial report as at 31 December 2014
Date
File Name
Status
Page
-
Annual Report as at 31
December 2014
153
Receivables from customers (note 11)
(EUR 000)
31 December 2014
31 December 2013
Receivables from customers
1,586
5,320
Receivable write-down provision
(1,274)
(1,274)
Total
312
4,046
Receivables from customers of Tiscali S.p.A. are mainly associated with intercompany positions as
summarised in detail in the following table:
(EUR 000)
31 December 2014
31 December 2013
Tiscali UK Holdings Ltd
-
-
Tiscali Italia S.p.A.
210
3,917
Veesible S.r.l.
28
26
Total
238
3,943
The breakdown of receivables from customers by maturity is as follows:
(EUR 000)
31 December 2014
31 December 2013
Within 12 months
257
4,046
Between 1 and 5 years
55
-
Beyond 5 years
-
-
Total
312
4,046
The book value of trade receivables is approximate to their fair value. It is further highlighted that
receivables from customers will be due within 12 months and do not present any overdue balances of
a significant amount.