181 / 222
177
The increase in finance lease receivables between 2013 and 2014 is mainly the result of the delivery of the prison in Leuze-en-Hainaut in June
2014.
NOTE 26. ASSETS HELD FOR SALE
(x €1,000)
2014
2013
AT 01.01
8,300
10,670
Investments
159
39
Transfers from Investment properties
410
Disposals of assets during the year
-5,050
-1,810
Increase/Decrease in the fair value
1
-1,009
AT 31.12
3,410
8,300
All the assets held for sale are investment properties.
Gross trade receivables which are due but not provisioned
(x €1,000)
2014
2013
Due under 60days ago
4,187
7,061
Due 60 to 120days ago
16
102
Due over 120days ago
4,088
1,149
TOTAL
8,291
8,312
NOTE 27. CURRENT TRADE RECEIVABLES
(x €1,000)
2014
2013
Gross trade receivables
1
Gross trade receivables which are due but not provisioned
7,607
8,312
Gross trade receivables which are not due
16,490
17,386
Bad and doubtful receivables
1,001
353
Provisions for the impairment of receivables (-)
-317
-353
TOTAL
24,781
25,698
The Group has recognised a writedown on trade receivables of K€3 (2013: K€82) during the year ended 31.12.2014. The Board of Directors
considers that the book value of the trade receivables approximates their fair value.
1
The credit risk is detailed in the chapter “Risk Factors” of this Annual Financial Report.
(x €1,000)
2014
2013
Less than one year
4,334
3,523
More than one year but less than five years
17,403
14,277
More than five years
190,504
179,593
Minimum lease payments
212,240
197,393
Deferred financial income
-132,605
-128,709
Discounted value of minimum lease payments
79,635
68,684
Non-current finance lease receivables
78,018
67,449
More than one year but less than five years
21,467
13,864
More than five years
56,551
53,584
Current finance lease receivables
1,618
1,236
Less than one year
1,618
1,236