88
2013
Annual Report
24
Movement in the provision for impairment of trade and other payables is as follows:
Impairment of trade receivables is recognised and reversed under losses, impairment and changes in trade
provisions under other operating expenses in the income statement, and totals Euros 2 million. In 2012 losses
totalled Euros 3 million and a provision of Euros 6.8 million was reversed.
NOTE 10
.- Available-for-sale Financial Assets
At 31 December 2013 and 2012 available-for-sale financial assets amount to Euros 855 thousand and include
non-controlling interests in different companies measured at cost less impairment.
NOTE 11
.- Inventories
The Company has contracted sufficient insurance coverage for the risk of damage to inventories.
2013
2012
Opening balance
21,679
28,440
Provision for impairment of trade receivables
1,848
3,057
Bad debts written off
(7,144)
(9,818)
Closing balance
16,383
21,679
2013
2012
Customer terminals and equipment
2,314
3,264
Mobile phones
985
676
Digital television decoders
1,329
2,588
Contract materials
1,754
2,593
Other inventories
241
489
Total gross amount
4,309
6,346
Impairment losses on inventories
(2,107)
(2,520)
Total
2,202
3,826
