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financial statements 2011
21. Sales receivables and other receivables
eur 1000
2011
2010
Loans and other receivables
Sales receivables
17 929
17 190
Receivables from associates
42
15
Accrued non-invoices income
1 092
1 444
Prepaid expenses and accrued income
Rents
627
543
Royalty receivables
282
270
Social security expense accruals
245
298
Sales accruals
37
50
IT service accruals
369
299
Annual credits
17
9
Other prepaid expenses and accrued income
604
394
Other receivables
1 304
1 087
Financial assets recognized at fair value through profit or loss
Derivative contracts, hedge accounting not applied
7
63
Total of sales receivables and other receivables
22 554
21 662
The Group recognized EUR 84,000 in impairment losses for sales receivables during the financial year. There are
no major credit risk concentrations associated with receivables, as sales receivables are distributed across a broad
group of customers in different businesses. Statement of financial position values provide the best indication of
the maximum amount subject to a credit risk in a situation in which the counterparties to a contract are unable to
fulfil the obligations associated with financial instruments.
Age distribution of sales receivables and items recognized as credit losses
2011
Credit Net 2011
2010
Credit
Net 2010
eur 1000
losses
losses
Not due
16 390
16 390
15 822
15 822
Less than 30 days overdue
1 364
1 364
1 169
1 169
31-60 days overdue
130
130
121
121
Over 60 days overdue
128
84
45
88
10
78
Total
18 012
84
17 929
17 200
10
17 190
Sales receivables by currency
eur 1000
2011
2010
eur
5 395
5 002
sek
12 533
12 179
Other currencies
0
9
Total
17 929
17 190