Huawei 2012 Annual Report Download - page 71

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Consolidated Financial Statements Summary and Notes 68
(a) Ageing analysis
The ageing analysis of trade receivables due from third parties at the balance sheet date is:
2012 2011
CNY’million CNY’million
Not past due 37, 430 33,937
Less than 90 days past due 11,964 10,386
90 days to 1 year past due 6,983 5,703
1 year and above past due 1,690 2,793
58,067 52,819
Less: Impairment loss (3,491) (3,548)
Total 54,576 49,271
(b) Impairment of trade receivables due from third parties
Impairment losses in respect of trade receivables due from third parties are recorded using an allowance
account unless the Group is satisfied that recovery of the amount is remote, in which case the impairment
loss is written off against the trade receivables directly (see note 1(k)).
The movement in the allowance for impairment in respect of trade receivables due from third parties
during the year is as follows:
2012 2011
CNY’million CNY’million
At January 1 3,548 4,147
Impairment loss recognised 3,416 1,481
Uncollectible amounts written off (3,477) (2,080)
Acquisition of subsidiaries 4–
At December 31 3,491 3,548