APC 2013 Annual Report Download - page 213

CONSOLIDATED FINANCIALSTATEMENTS ATDECEMBER 31, 2013
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Trade accounts receivable Note18
Dec.31, 2013 Dec.31, 2012
Accounts receivable 5,153 5,310
Notes receivable 184 193
Advances to suppliers 91 92
Accounts receivable at cost 5,428 5,595
Impairment (346) (306)
Accounts receivable, net 5,082 5,289
Of which:
On time 4,235 4,291
Less than one month past due 337 395
One to two months past due 175 187
Two to three months past due 87 88
Three to four months past due 61 76
More than four months past due 187 252
ACCOUNTS RECEIVABLE, NET 5,082 5,289
Accounts receivable result from sales to end-customers, who are In addition, the Group takes out substantial credit insurance and
widely spread both geographically and economically. uses other types of guarantees to limit the risk of losses on trade
Consequently, the Group believes that there is no significant accounts receivable.
concentration of creditrisk.
Changes in provisions for impairment of short and long-term trade accounts receivable were as follows:
Full year 2013 Full year 2012
Provisions for impairment on January1 (306) (259)
Additions (58) (53)
Utilizations 38 22
Reversals of surplus provisions 11 2 5
Translation adjustments 16 3
Other (47) (21)
PROVISIONS FOR IMPAIRMENT ON DECEMBER31 (346) (306)
Other receivables and prepaid expenses Note19
Dec.31, 2013 Dec.31, 2012
Other receivables 298 308
Other tax credits 686 641
Derivative instruments 190 170
Prepaid expenses 194 172
TOTAL 1,368 1,291
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2013 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC