Huawei 2014 Annual Report Download - page 94

Download and view the complete annual report

Please find page 94 of the 2014 Huawei annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 148

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148

92 Huawei Investment & Holding Co., Ltd. 2014 Annual Report
(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 due from third parties directly (see note 1(l)).
The movement in the allowance for doubtful debts in respect of trade receivables due from third parties during
the year is as follows:
2014 2013
CNY million CNY million
At January 1 4,340 3,487
Exchange adjustment 117 (520)
Impairment loss recognised 72 1,075
Collection of previously written-off debtors 895 411
Uncollectible amounts written off (357) (113)
At December 31 5,067 4,340
19. Other assets
2014 2013
CNY million CNY million
Restated
Advance payments to suppliers 1,932 1,605
Tax related assets 7,117 5,103
Pledged deposits 2,530 1,805
Others 16,251 7,000
27,830 15,513
Non-current portion 2,917 988
Current portion 24,913 14,525
27,830 15,513
20. Short-term investments
2014 2013
CNY million CNY million
Debt securities stated at fair value 662
Wealth management products 27,326 8,545
27,988 8,545