TomTom 2009 Annual Report Download - page 78

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76 / NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
OF TOMTOM NV
17. TRADE RECEIVABLES (continued)
The following table sets out details of the age of trade accounts receivable that are not overdue, as the payment
terms specified in the terms and conditions established with our customers have not been exceeded, and an
analysis of overdue amounts and related provisions for doubtful trade accounts receivable:
(€ in thousands) 2009 2008
Of which:
Not overdue 281,555 259,093
Overdue <3 months 8,888 39,453
3 to 6 months 5,029 2,178
Over 6 months 7,794 3,209
less provision -9,242 -13,952
Trade receivables (net) 294,024 289,981
Trade accounts receivable include amounts denominated in the following major currencies:
(€ in thousands) 2009 2008
EUR 106,621 135,771
GBP 33,310 39,305
USD 128,213 100,150
Other 25,880 14,755
Trade receivables (net) 294,024 289,981
18. OTHER RECEIVABLES AND PREPAYMENTS
(€ in thousands) 2009 2008
Prepayments 9,029 10,182
VAT and other taxes 13,308 1,890
Other receivables 3,698 3,915
26,035 15,987
The carrying amount of the other receivables and prepayments approximates their fair value.
19. OTHER FINANCIAL ASSETS
Other financial assets include derivative financial instruments. Derivatives held for trading are classified as a
current asset or liability. Derivatives in a hedging relationship are classified as a non-current asset or liability if
the remaining maturity of the hedged item is more than 12 months, and as a current asset or liability,
if the maturity of the hedged item is less than 12 months.
2009 2009 2008 2008
(€ in thousands) Assets Liabilities Assets Liabilities
Derivatives – held for trading 10,602 -328 36,583 -582
Interest rate swaps – cash flow hedges 0 -5,050 00
Total 10,602 -5,378 36,583 -582
Interest rate swaps – cash flow hedges 0 94 00
Current portion 10,602 -5,284 36,583 -582