Trade and other financial receivables amounted to EUR 39,804 thousand, of which EUR 1,020 thousand (previous year: EUR 2,520 thousand) related to other financial receivables and EUR 38,784 thousand to trade receivables (previous year: EUR 60,114 thousand).
Trade receivables included EUR 32,641 thousand in transfer receivables (previous year: EUR 55,256 thousand).
Non-current trade receivables are discounted using the effective interest method and measured at amortised cost. Please refer to Note 28 for information on the fair values of financial assets.
EUR '000 |
30/06/2019 |
30/06/2018 |
||
---|---|---|---|---|
|
|
|
||
Trade receivables |
30,893 |
21,961 |
||
Less allowances |
-1,852 |
-1,500 |
||
Net trade receivables |
29,041 |
20,461 |
||
|
|
|
||
Other financial receivables |
1,020 |
2,320 |
||
Receivables from related parties |
0 |
200 |
||
|
30,061 |
22,981 |
Trade receivables and other assets do not bear interest and mostly have a maturity of up to three months. Please refer to Note 28 for information on the fair values of financial assets.