14. Trade Receivables
Under IFRS 9, trade receivables belong to the “at amortized cost” measurement category. They are measured at cost less impairment.
The following changes in valuation allowances on receivables were recorded:
|
|
2021 |
|
2022 |
---|---|---|---|---|
Jan. 1 |
|
51 |
|
50 |
Currency translation adjustment |
|
1 |
|
1 |
Additions |
|
16 |
|
10 |
Utilized |
|
–1 |
|
–1 |
Reversals |
|
–17 |
|
–6 |
Dec. 31 |
|
50 |
|
54 |
Further information on calculation is contained in Note 29 “Additional Disclosures on Financial Instruments, Financial Risk Management, and Derivative Financial Instruments.”