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

168Consolidated Financial Statements of gildemeister Aktiengesellschaft: Notes to the Consolidated Financial StatementsTrade debtors and accumulated value adjustments have developed as follows:2010 2009€ k € kTrade debtors not value adjusted 300,686 234,423Carrying amount of trade debtors before value adjustment 16,942 19,080Accumulated value adjustments 11,576 13,986Value adjusted trade debtors 5,366 5,094Trade debtors 306,052 239,517Value adjustments of trade debtors have developed as follows:2010 2009€ k € kValue adjustments as at January 1 13,986 18,380Allocations (expenses for impairments) 3,598 3,990Consumption – 2,560 – 3,141Dissolution – 3,448 – 5,243Value adjustments as at December 31 11,576 13,986The following table shows the expenses for the complete write down of tradereceivables as well as income from recoveries of trade debtors:2010 2009€ k € kExpenses for full write-off of receivables 2,393 2,084Income from recoveries on trade debtors written off 72 121consolidated financialstatementsExpenses relating to impairments and write downs of trade debtors are reportedunder other operating expenses. These involve a large number of individual cases.Income from receipt of payments for derecognised trade debtors are reported underother operating income. Impairments or derecognition of other financial assets werenot made neither in the financial year nor in the previous year.