Porsche 2007 Annual Report Download - page 176

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173
The table below shows the credit and default risk of financial assets by gross carrying amount:
The valuation allowances were mainly recognized on receivables from financial services. For
materiality reasons, a break-down of the valuation allowances on trade receivables of EUR 6,743 k
(prior year: EUR 5,358 k) and other financial receivables of EUR 566 k (prior year: EUR 575 k) has
not been presented.
EUR000
Neither
past due
nor impaired
Past due
and not
impaired
Impaired Total
31/7/2008
Receivables from financial services 1,738,740 28,553 41,319 1,808,612
Trade receivables 198,819 38,343 8,997 246,159
Other financial receivables 1,455,643 31 566 1,456,240
3,393,202 66,927 50,882 3,511,011
31/7/2007
Receivables from financial services 1,753,976 22,930 44,425 1,821,331
Trade receivables 203,277 35,331 6,171 244,779
Other financial receivables 125,372 0 828 126,200
2,082,625 58,261 51,424 2,192,310
EUR000 2007/08 2006/07
Valuation allowances at 1 August 45,750 45,288
Exchange differences – 2,946 – 937
Additions 14,858 15,083
Utilization 11,683 11,343
Reversal 3,159 2,341
Valuation allowances at 31 July 42,820 45,750