87
2013
Annual Report
23
NOTE 9
.- Loans and Receivables
Non-current receivables earn variable interest pegged to Euribor.
The Company makes provision for impairment of trade and other receivables adding, to the total amount of
balances that have exceeded a minimum period determined in accordance with pertinent legislation applicable
to the sector, a percentage of past-due balances that do not exceed the aforementioned minimum period,
estimated using historical data on the recovery of Company balances, as it considers that the application of
this criterion represents a reasonable estimate of the impairment of the aforementioned financial assets.
2013
2012
Non-current loans and receivables
3,085
278
Non-current investments in Group companies
and associates
8
11
Loans to companies
8
11
Loans to associates
475
478
Provisions for impairment
(467)
(467)
Non-current investments
2,296
267
Loans to third parties
1,941
-
Loans to third parties
1,954
480
Provisions for impairment
(13)
(480)
Derivatives
92
-
Other financial assets (security deposits)
263
267
Trade and other receivables
781
-
Trade receivables (exceeding operating cycle)
781
-
Current loans and receivables
39,586
40,776
Trade and other receivables
39,395
40,724
Trade receivables
55,710
62,338
Provisions for impairment
(16,383)
(21,679)
Personnel
61
61
Public entities, other
7
4
Current investments in
Group companies and associates
171
3
Loans to companies
91
3
Other financial assets
80
-
Current investments
20
49
Loans to third parties
-
39
Other financial assets (Deposits and guarantees)
20
10
Total
42,671
41,054
