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10.
Trade and other receivables
The detail of trade and other receivables in the consolidated balance sheets at 31 December
2015 and 2014 is as follows:
Thousands of euros
2015
2014
Trade receivables
185,687
166,333
Receivable from associates and related companies (Note 22)
45,155
48,044
Total trade receivables for sales and services
230,842
214,377
Other receivables
3,744
7,111
Total other receivables
3,744
7,111
The balances of “Trade Receivables for Sales and Services” are presented net of allowances
for doubtful debts. At 31 December 2015,
the allowance for doubtful debts amounted to EUR
17,246 thousand (31 December 2014: EUR 15,392 thousand). The charge for the year in
2015 amounted to EUR 3,495 thousand (2014: EUR 3,048 thousand), and EUR 1,641
thousand of the allowance were used in the year (2014: EUR 10,197 thousand).
As provided for in the measurement bases disclosed in Note 3 to these consolidated financial
statements, impairment losses are recognised or reversed as a result of valuation
adjustments of trade and other receivables based on their due dates and the equity position
of the debtors. The related write downs and amounts charged to profit or loss are recognised
under “Other Operating Expenses” in the consolidated statement of profit or loss.
At 31 December 2015, EUR 208,447 thousand of the total balance of “Trade Receivables for
Sales and Services”, related to balances that were not past-due. This amount totalled EUR
194,165 thousand in 2014.
The detail of the ageing of the past-due balances of “Trade Receivables for Sales and
Services” in 2015 and 2014 is as follows (in thousands of euros):
Due date
2015
Total
0-60 days
61-180
days
+180 days
Total trade receivables for sales and
services
22,395
18,848
3,547
-
Due date
2014
Total
0-60 days
61-180
days
+180 days
Total trade receivables for sales and
services
20,212
16,301
3,710
201