Translation of "Trade accounts receivable" in German

The value adjustments for trade accounts receivable developed as follows:

In order to control this credit risk, the Management of the Fresenius Group performs an ageing analysis of trade accounts receivable.

Value adjustments on trade accounts receivable have changed as follows:

For further information on credit management and trade accounts receivable, see the chapterRisk management.

For more details on the credit risk out of trade accounts receivable, please refer to note 20 .

Trade accounts receivable and other current accounts receivable are valued at the amortised acquisition cost less any impairments.

Selling costs contain mainly expenses for marketing, advertising, and sales personnel as well as write-downs in relation to trade accounts receivable.

At GF the main credit risks arise from trade accounts receivable and bank deposits.

Trade accounts receivable are stated at their nominal value less allowance for doubtful accounts.

Selling expenses are mainly comprised of expenses for marketing, advertising and sales personnel, and write-downs in relation to trade accounts receivable.

The operating cash flow was still negative at minus EUR 0.6 million in the first quarter of 2013 due to the increase in inventories and trade accounts receivable.

The merchandise shall remain seller’s property until all trade accounts receivable from the business relationship as a whole, including collateral claims, claims for damages and the honouring of cheques and bills, have been paid and satisfied.

The actual impact of these measurement changes depends on the balance of trade accounts receivable and of other financial assets and on country-specific economic forecasts as of the date on which they go into effect.

The gross carrying amount of individually impaired trade accounts receivable was €245 million (2014: €217 million). The impairment losses recognized on these assets totaled €170 million (2014: €149 million), resulting in a net carrying amount of €75 million (2014: €68 million).

The carrying amount of current assets climbed to €23.8 billion, mainly driven by higher trade accounts receivable.

Furthermore, IFRSÂ 9 will lead to an increase in accounting measures for defaults from expected credit risks of financial assets including trade accounts receivable.

Furthermore, IFRS 9 will lead to an increase in accounting measures for defaults from expected credit risks of financial assets including trade accounts receivable.

Based on our current analyses, accounting measures for expected credit risks from trade accounts receivable could increase by up to €100 million .

Key drivers were the increase in cash (by 50% to $688 M) and the trade accounts receivable (by 8% to $3.02 BN), mainly due to the acquisition of Liberty Dialysis Holdings, Inc. and to business growth related to a reduction of days sales outstanding (DSO).

Trade accounts receivable and payable are stated in the balances sheet at their carrying value less impairment provision.

Furthermore, IFRS 9 will lead to an increase in the loss allowance for expected credit losses on financial assets, including trade accounts receivable.

Because of the short maturities of most trade accounts receivable and payable, other receivables and liabilities, and cash and cash equivalents, their carrying amounts at the closing date did not significantly differ from the fair values.

Due to the short maturities of most trade accounts receivable and payable, other receivables and liabilities, and cash and cash equivalents, their carrying amounts at the closing date do not significantly differ from the fair values.

The same is applicable when net advance payments from customers (after adjustment of trade accounts receivable) exceed the receivables of the project.

A positive currency effect of about €140 million and higher selling prices stood against lower volumes, higher research and development expenses and higher impairment losses on trade accounts receivable in particular.

The growth was due not only to profit trends and the significant reduction in trade accounts receivable, but also to lower tax payments resulting from the corporate tax reforms in Germany.

Based on the impairment methodology described above, the group has estimated that the application of IFRS 9 impairment requirements as of January 1, 2018, will result in an increase in the loss allowance for trade accounts receivable in the range of CHF 8 million to CHF 12 million as reported in the table below.

Because of the short maturities of most trade accounts receivable and payable, other receivables and liabilities and cash and cash equivalents, their carrying amounts at the closing date do not significantly differ from the fair values.