Annual Report 2021

Annual Report 2021

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6 Trade accounts receivable

 

 

2021

 

2020

 

 

MCHF

 

MCHF

Trade accounts receivable

 

172.3

 

207.7

Allowances

 

-9.4

 

-12.7

Total trade accounts receivable

 

162.9

 

195.0

 

 

2021

 

2020

 

 

MCHF

 

MCHF

Total trade accounts receivable by currency

 

 

 

 

CHF

 

10.1

 

9.7

EUR

 

31.3

 

59.8

USD

 

18.4

 

17.9

GBP

 

16.6

 

28.1

SEK

 

20.3

 

22.3

DKK

 

13.5

 

12.5

NOK

 

12.5

 

12.7

CNY

 

10.1

 

8.3

PLN

 

3.6

 

4.1

Other

 

26.5

 

19.6

Total trade accounts receivable

 

162.9

 

195.0

The following table shows the movements of allowances for trade accounts receivable:

 

 

2021

 

2020

 

 

MCHF

 

MCHF

Allowances for trade accounts receivable

 

 

 

 

1 January

 

12.7

 

12.0

Additions

 

1.4

 

3.5

Used

 

-1.0

 

-0.3

Reversed

 

-3.4

 

-2.1

Translation differences

 

-0.3

 

-0.4

31 December

 

9.4

 

12.7

As at 31 December, allowances for trade accounts receivable include individual allowances of MCHF 4.3 (PY: MCHF 5.2) and allowances for expected credit losses (ECL) of MCHF 5.1 (PY: MCHF 7.5).

 

 

2021

 

2020

 

 

MCHF

 

MCHF

Maturity analysis of trade accounts receivable

 

 

 

 

Not due

 

127.0

 

128.5

Past due < 30 days

 

30.6

 

54.1

Past due < 60 days

 

5.0

 

11.6

Past due < 90 days

 

1.4

 

2.3

Past due < 120 days

 

1.6

 

1.7

Past due > 120 days

 

6.7

 

9.5

Allowances

 

-9.4

 

-12.7

Total trade accounts receivable

 

162.9

 

195.0

The agreed standard payment terms range from 30 to 120 days.