Notes to the consolidated financial statements
103
17 Receivables (continued)
Ahold at a glance
Business review
Governance
Financials
Ahold
Annual Report 2015
At January 3, 2016, the aging analysis of receivables was as follows:
Past due
millior
Total
Not past
due
0-3
months
3-6
months
6-12
months
12
months
Trade receivables
416
329
57
7
3
20
Vendor allowance receivables
260
214
40
4
1
1
Other receivables
181
107
43
22
5
4
857
650
140
33
9
25
Provision for impairment
(20)
(2)
(2)
(2)
(14)
Total receivables
837
650
138
31
7
11
Receivables that were past due but not impaired relate to a number of independent customers for whom there
is no recent history of default.
At December 28, 2014, the aging analysis of receivables was as follows:
Past due
million
Total
Not past
due
0-3
months
3-6
months
6-12
months
12
months
Trade receivables
390
288
60
11
14
17
Vendor allowance receivables
203
173
25
3
1
1
Other receivables
155
94
41
13
1
6
748
555
126
27
16
24
Provision for impairment
(20)
(2)
(1)
(2)
(15)
Total receivables
728
555
124
26
14
The concentration of credit risk with respect to receivables is limited, as the Company's customer base and vendor base are large and unrelated. The Company does not hold any significant collateral on its receivables.
Management believes there is no further credit risk provision required in excess of the normal individual and collective impairment, based on the aging analysis performed as of January 3, 2016. For more information about
credit risk, see Note 30.
The changes in the provision for impairment were as follows:
million
2015
2014
Beginning of the year
(20)
(19)
Released (charged) to income
(11)
(8)
Used
11
7
End of the year
(20)
(20)
