| Schedule of current trade receivables |
|
|
| |
2022 |
2021 |
| Trade receivables |
5,737.5 |
5,304.7 |
| Bad debt provision |
(679.1) |
(668.3) |
| Net, trade receivables |
5,058.4 |
4,636.4 |
| Related parties (Note 31) |
290.7 |
155.2 |
| Total current trade receivables |
5,349.1 |
4,791.6 |
The details of the aging of the Company’s current trade receivables,
net of impairment losses, are as follows:
| Schedule of current trade receivables,
net of impairment losses |
|
|
|
|
|
|
|
|
| |
Net carrying amount as of December 31, |
No past due |
Past due – within 30 days |
Past due – between 31 - 60 days |
Past due – between 61 - 90 days |
Past due – between 91 - 180 days |
Past due – between 181 - 360 days |
Past due over 360 days |
| Trade receivables |
5,737.5 |
4,573.0 |
343.8 |
100.5 |
49.4 |
19.3 |
40.2 |
611.3 |
| Bad debt provision |
(679.1) |
- |
- |
(0.3) |
(10.8) |
(16.5) |
(40.2) |
(611.3) |
| 2022 |
5,058.4 |
4,573.0 |
343.8 |
100.2 |
38.6 |
2.8 |
- |
- |
| |
|
| Trade receivables |
5,304.7 |
4,201.9 |
358.2 |
52.1 |
31.5 |
21.6 |
33.8 |
605.6 |
| Bad debt provision |
(668.3) |
(10.4) |
- |
- |
(2.3) |
(16.2) |
(33.8) |
(605.6) |
| 2021 |
4,636.4 |
4,191.5 |
358.2 |
52.1 |
29.2 |
5.4 |
- |
- |
The changes in bad debt provision, are as follows:
| Schedule of changes in bad debt provision |
|
| At December 31, 2020 |
(676.5) |
| Effects of movements in foreign exchange in the balance sheet |
(5.2) |
| Provisions |
(32.4) |
| Reversals |
21.7 |
| Write-off |
24.1 |
| At December 31, 2021 |
(668.3) |
| Effects of movements in foreign exchange in the balance sheet |
14.0 |
| Provisions |
(47.0) |
| Reversals |
1.7 |
| Write-off |
20.5 |
| At December 31, 2022 |
(679.1) |
The Company’s exposure to credit risks, currency
and interest rate risks is disclosed in Note 28 - Financial instruments and risks.
|