Volvo 2005 Annual Report Download - page 112

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The Volvo Group
108 Volvo Group 2005
Note 19 Short-term customer-fi nancing receivables
2004 2005
Installment credits 10,382 13,174
Financial leasing 5,488 7,132
Dealer fi nancing 8,850 12,067
Other receivables 1,286 909
Total 26,006 33,282
Note 20 Other short-term receivables
2004 2005
Accounts receivable 20,137 24,784
Prepaid expenses and accrued income 3,203 3,509
VAT receivables 1,561 1,933
Loans to external parties 1,642 458
Other receivables 3,321 4,780
Total, after deduction of valuation allowances for doubtful accounts receivable 29,864 35,464
Change of valuation allowances for doubtful accounts receivable
2004 2005
Balance sheet, December 31, preceding year 932 837
Change of valuation allowance charged to income (30) 2
Utilization of valuation allowance related to actual losses (174) (90)
Acquired and divested operations 1 9
Translation differences 17 95
Reclassifi cations, etc. 91 53
Balance sheet, December 31 837 906
Notes to consolidated nancial statements