Mercedes 2002 Annual Report Download - page 122

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116 |Notes to Consolidated Balance Sheets
Changes in the allowance for doubtful accounts for receiv-
ables from financial services were as follows:
Sales financing and finance lease receivables consist of retail
installment sales contracts secured by automobiles and
commercial vehicles. Contractual maturities applicable to
receivables from sales financing and finance leases in each of
the years following December 31, 2002 are as follows:
Actual cash flows will vary from contractual maturities due to
future sales of finance receivables, prepayments and charge-
offs.
19. Other Receivables
As of December 31, 2002, 13,847 million of the other receiv-
ables mature after more than one year (2001: 12,584 million).
20. Securities, Investments and Long-Term Financial
Assets
Information with respect to the Group’s investments and long-
term financial assets is presented in the Consolidated Fixed
Assets Schedule included herein. Securities included in non-
fixed assets are comprised of the following:
(in millions of 3)
599
755
(455)
(9)
890
2000
890
1,446
(783)
(88)
137
1,602
1,602
1,004
(639)
(36)
(372)
1,559
20012002
(in millions of 3)
2003
2004
2005
2006
2007
thereafter
19,810
11,735
9,549
6,362
3,377
6,976
57,809
Receivables from affiliated companies
Receivables from related companies 1
Retained interests in sold receivables and
subordinated asset backed certificates
Other receivables and other assets
Allowance for doubtful accounts
1,118
1,265
4,241
11,672
18,296
(723)
17,573
1,250
1,041
5,482
9,141
16,914
(726)
16,188
1 Related companies include entities which have a significant ownership in DaimlerChrysler
or entities in which the Group holds a significant investment.
(in millions of 3)
At December 31,
1,871
29
84
1,309
3,293
2002 2001
2,314
120
91
1,234
3,759
Year ended December 31,
At December 31,
20012002
(in millions of 3)
Balance at beginning of year
Provisions for credit losses
Net credit losses
Reversals
Currency translation and other
adjustments
Balance at end of year
Debt securities
Equity securities
Equity-based funds
Debt-based funds