Experian 2014 Annual Report Download - page 142

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Financial statements • Notes to the Group financial statements
Notes to the Group financial statements
for the year ended 31 March 2014 continued
138
23. Trade and other receivables continued
(d) Analysis of trade receivables – after credit note provision
2014
US$m
2013
US$m
Neither past due nor impaired:
New customers (of less than six months’ standing) 39 37
Existing customers (of more than six months’ standing) with no defaults in the past 454 434
Neither past due nor impaired 493 471
Past due but not considered impaired:
Up to three months past due 162 151
Three to six months past due 9 13
Over six months past due 2 10
Past due but not considered impaired 173 174
Trade receivables not considered impaired 666 645
Trade receivables considered partially impaired (note 23(e)) 41 49
707 694
In the cases of trade receivables reported as not considered impaired, there is no evidence of impairment and no amounts have been
renegotiated in either year.
(e) Analysis of trade receivables considered partially impaired
2014
US$m
2013
US$m
Up to three months past due 12 12
Three to six months past due 6 5
Over six months past due 23 32
Trade receivables considered partially impaired and provided for 41 49
Impairment provision (note 23(f)) (36) (40)
Net impaired trade receivables 5 9
(f) Movements in the impairment provision
2014
US$m
2013
US$m
At 1 April 40 37
Differences on exchange (3) (3)
Provision for impairment 31 32
Provision utilised in respect of debts written off (14) (15)
Unused amounts reversed (18) (11)
At 31 March 36 40