ANNUAL REPORT 2012

Financials

19. Trade and other receivables


EUR million 2012 2011
Trade receivables 101.0 111.0
Derivatives 0.4 1.1
Other receivables 6.5 4.8
Prepaid expenses and accrued income 8.2 7.7
Total, Dec 31 116.0 124.6



Aging of trade receivables

EUR million 2012 2011
Not fallen due 85.3 91.7
1–30 days past due 14.4 16.1
31–60 days past due 2.1 2.5
61–90 days past due 0.9 1.1
91–120 days past due 0.4 0.6
Over 120 days past due 1.1 2.4
Less provision for bad debts, Dec 31 -3.2 -3.4
Total, Dec 31 101.0 111.0



Trade receivables in currencies

EUR million 2012 2011
Danish Krones (DKK) 5.7 6.8
Euros (EUR) 37.8 41.4
Norwegian Krones (NOK) 5.7 7.7
Swedish Kronas (SEK) 7.5 7.9
United Kingdom Pounds (GBP) 3.1 6.1
US Dollars (USD) 31.7 31.6
Other currencies 9.4 9.4
Total, Dec 31 101.0 111.0



Trade receivables are widely spread geographically. The biggest customers are major retailers with solid credit ratings. Credit loss risks are estimated to be moderate. The maximum exposure to credit risk is the carrying amount of the trade receivables.