Annual Report 2009 - Von Roll

74 Financial Reporting 2009 – Consolidated Financial Statements27.| Trade accounts receivablein CHF 1,000 2009 2008Receivables (gross) 93,041 118,010Bad debt allowance – 3,021 – 1,473Total 90,020 116,537The bad debt allowances are based on specific allowances for bad debts and actual experience regarding theageing structure at Von Roll.The following table shows movements in bad debt allowances:in CHF 1,000 2009 2008At 1 January – 1,473 – 1,526Currency translation adjustments 10 138Changes in the scope of consolidation – – 478Bad debt losses – 1,660 – 261Usage of bad debt allowance 215 534Addition (–) / reversal (+) of bad debt allowance – 113 120Bad debt allowance at 31 December – 3,021 – 1,473The book values of trade accounts receivable are equal to the maximum settlement risk.The trade accounts receivable have the following ageing structure:in CHF 1,000 2009 2008Not past due 73,970 91,598Less than 1 month past due 10,361 16,550Between 1 month and 3 months past due 4,171 6,313Between 3 months and 12 months past due 2,979 2,946More than 1 year past due 1,560 603Bad debt allowance – 3,021 – 1,473Total 90,020 116,537The trade accounts receivable and financial assets which are not past due have the following due dates:in CHF 1,000 2009 2008Accounts receivable, not past due 73,970 91,598Financial assets (Note 22) 3,641 2,388Less investment in associate – 36 – 36Total 77,575 93,950Thereof due in:Less than 1 month 43,356 54,462Between 1 month and 3 months 29,443 36,439Between 3 months and 12 months 1,324 1,037More than 1 year 3,452 2,012Total 77,575 93,950