PDF (7.3 MB) - GILDEMEISTER Interim Report 3rd Quarter 2012

Consolidated Financial Statements of gildemeister Aktiengesellschaft: Notes to the Consolidated Financial Statements 16725 short-termreceivables andother assets31 Dec. 2010 31 Dec. 2009€ k € kTrade debtors 304,313 238,838Other short-term assets 112,677 59,550416,990 298,388In the reporting year gildemeister had a factoring program. German receivableswith a volume of up to € 75,019 k and foreign receivables with a volume of up to€ 84,550 k are sold within the framework of this agreement. As of the close of thereporting period, German receivables to a value of € 56,257 k (previous year: € 28,860 k)and foreign receivables to a value of € 36,881 k were sold. In the previous year withinthe factoring additional trade receivables to a value of € 20,283 k were disposed of.Trade debtors include receivables against the company accounted for at equitydmg / Mori Seiki Australia Pty. Ltd. in an amount of € 1,866 k (previous year: € 0 k).In the following table the terms of long-term and short-term trade debtorsare presented:Trade debtorsOf whichneither impairednor past dueat the closingOf which not impaired at the closing dateBook value date and past due in the following time periodsBetween BetweenUp to 3 and 6 and More than3 months 6 months 12 months 1 year€ k € k € k € k € k € k31 Dec. 2010 306,052 274,157 18,126 4,495 1,486 2,422Trade debtors31 Dec. 2009 239,517 201,678 21,144 7,380 2,887 1,334With respect to trade debtors that have neither been impaired nor are they pastdue at the closing date, there is no indication that the debtors will not fulfil their paymentobligations.consolidated financialstatements