97 / 124
15. Trade receivables and other assets
Non-current other receivables
IN ’000 €
2014
2015
Cash guarantees
958
1 051
Other receivables
11 698
10 794
TOTAL
12 656
11 845
IN ’000 €
2014
2015
Trade receivables
19 620
26 497
Taxes receivable, other than income taxes
1 335
1 421
Deferred charges and accrued income
81
80
Tax shelter receivables
576
168
Tax shelter investments
391
318
Other receivables
2 290
4 508
TOTAL
24 293
32 992
The non-current other receivables entirely relate to
the sector-related government grants that can be
The rise in the trade receivables primarily relate to expansion
in combination with a strong rise in sales of the busi-
ness-to-business activities in the fourth quarter.
The tax shelter receivables concern the loans made to third
parties to finance and support the film production in Belgium.
The tax shelter investments concern the film rights the Group
acquires as part of tax shelter transactions.
obtained in France from the CNC based on the number of
visitors.
The other current receivables primarily consist of the current
portion of the French sector-related government grants (CNC)
for € 2.7 million (2014: € 1.7 million) and a current account
with Utopolis Belgium of € 1.3 million.
Current trade receivables and other assets
IN ’000 €
2014
2015
GROSS
CARRYING
AMOUNT
IMPAIRMENT
NET
CARRYING
AMOUNT
GROSS
CARRYING
AMOUNT
IMPAIRMENT
NET
CARRYING
AMOUNT
Not yet due on reporting date
32 538
-2
32 536
39 120
-13
39 107
Less than 30 days past due
3 236
-61
3 175
3 837
-13
3 824
Between 31 and 120 days past due
920
-39
881
1 523
60
1 583
Between 120 days and 1 year past due
1 180
-930
250
718
-626
92
Over 1 year past due
847
-740
107
1 142
-910
232
TOTAL
38 721
-1 772
36 949
46 340
-1 502
44 838
Ageing of the non-current and current trade receivables and other assets
Movement in the allowance for impairment of trade receivables
IN ’000 €
2014
2015
BALANCE AT END OF PREVIOUS PERIOD
-1 833
-1 772
Recognized impairments
-673
-449
Utilized impairments
279
10
Reversed impairments
451
709
Effect of exchange rate fluctuations
4
BALANCE AT END OF CURRENT PERIOD
-1 772
-1 502
95
05 / FINANCIAL REPORT
KINEPOLIS GROUP
ANNUAL REPORT 2015