v3.10.0.1
Trade and Other Receivables (Tables)
12 Months Ended
Dec. 31, 2018
Trade And Other Receivables [Abstract]  
Summary of Net Trade and Other Receivables

 

 

 

2018

 

 

2017

 

 

 

(in € millions)

 

Trade receivables

 

 

286

 

 

 

295

 

Less: allowance for expected credit losses

 

 

(8

)

 

 

(15

)

Less: provision for credit reserves

 

 

(5

)

 

 

(8

)

Trade receivables – net

 

 

273

 

 

 

272

 

Other

 

 

127

 

 

 

88

 

 

 

 

400

 

 

 

360

 

Summary of Aging of Group’s Trade Receivables

The aging of the Group’s net trade receivables is as follows:

 

 

 

2018

 

 

2017

 

 

 

(in € millions)

 

Current

 

 

195

 

 

 

153

 

Overdue 1 – 30 days

 

 

44

 

 

 

69

 

Overdue 31 – 60 days

 

 

19

 

 

 

13

 

Overdue 60 – 90 days

 

 

7

 

 

 

11

 

Overdue more than 90 days

 

 

8

 

 

 

26

 

 

 

 

273

 

 

 

272

 

Summary of Movements in Group’s Allowance for Expected Credit Losses

The movements in the Group’s allowance for expected credit losses are as follows:

 

 

 

2018

 

 

2017

 

 

 

(in € millions)

 

At January 1

 

 

15

 

 

 

18

 

Provision for expected credit losses

 

 

15

 

 

 

12

 

Receivables written off

 

 

(18

)

 

 

(3

)

Reversal of unutilized provisions

 

 

(4

)

 

 

(12

)

At December 31

 

 

8

 

 

 

15