Investor Presentaiton
nuuday
Management review Financial statements Section 1
Section 2 Section 3
Section 4
Section 5
Section 6
Parent company
Statements
..........
3.4 Trade receivables
(DKKm)
Trade receivables
Expected credit losses.
Trade receivables, net
Expected credit losses at 1 January
Expected credit loss recognised
Realised credit losses
Reversed expected credit losses
Expected credit losses at 31 December
Trade receivables (DKKm)
2022
Expected loss rate
Gross carrying amount
Expected credit losses
2021
2022
2021
1,226
1,213
(94)
(167)
1,132
1,046
(167)
(181)
(51)
(35)
99
33
25
16
(94)
(167)
Comments
The carrying amount of the balance's
approximated fair value is due to
the short maturity of amounts
receivable.
As at 1 January 2021, trade receiva-
bles from contracts with customers
amounted to DKK 1,117m (net of loss
allowance of DKK 181m).
Less than
More than
More than
More than
Not yet due
1 month
past due
1 month
past due
3 months past
due
6 months past
due
Total
2%
1%
3%
17%
77%
897
151
62
23
93
8%
1,226
(15)
(1)
(2)
(4)
(72)
(94)
Expected loss rate
1%
1%
4%
11%
75%
Gross carrying amount
779
145
50
37
202
14%
1,213
Expected credit losses
(7)
(2)
(2)
(4)
(152)
(167)
AA Critical accounting estimates
Expected credit losses are assessed for
portfolios of trade receivables based on
customer segments, historical credit loss
experience combined with forward-look-
ing information on macroeconomic
factors affecting the credit risk. The
expected loss rates are updated at each
reporting date.
Nuuday Annual Report 2022
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