IFRS Foundation
example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:DealerFinancingTradeReceivables ifrs-full:CurrentMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:DealerFinancingTradeReceivables ifrs-full:CurrentMember example19 2014-12-31 example19:DealerFinancingTradeReceivables ifrs-full:CurrentMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:DealerFinancingTradeReceivables ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:DealerFinancingTradeReceivables ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember example19 2014-12-31 example19:DealerFinancingTradeReceivables ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:DealerFinancingTradeReceivables ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:DealerFinancingTradeReceivables ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember example19 2014-12-31 example19:DealerFinancingTradeReceivables ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:DealerFinancingTradeReceivables ifrs-full:LaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:DealerFinancingTradeReceivables ifrs-full:LaterThanThreeMonthsMember example19 2014-12-31 example19:DealerFinancingTradeReceivables ifrs-full:LaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:DealerFinancingTradeReceivables example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:DealerFinancingTradeReceivables example19 2014-12-31 example19:DealerFinancingTradeReceivables example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:CustomerFinancingTradeReceivables ifrs-full:CurrentMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:CustomerFinancingTradeReceivables ifrs-full:CurrentMember example19 2014-12-31 example19:CustomerFinancingTradeReceivables ifrs-full:CurrentMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember example19 2014-12-31 example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember example19 2014-12-31 example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanThreeMonthsMember example19 2014-12-31 example19:CustomerFinancingTradeReceivables ifrs-full:LaterThanThreeMonthsMember example19 2014-12-31 ifrs-full:GrossCarryingAmountMember example19:CustomerFinancingTradeReceivables example19 2014-12-31 ifrs-full:AccumulatedImpairmentMember example19:CustomerFinancingTradeReceivables example19 2014-12-31 example19:CustomerFinancingTradeReceivables iso4217:EUR xbrli:pure

IFRS Taxonomy 2016 – Illustrative examples

Credit risk (paragraphs 35A-36, B8A-B10)

Illustrating the application of paragraph 35N

Entity A manufactures cars and provides financing to both dealers and end customers. Entity A discloses its dealer financing and customer financing as separate classes of financial instruments and applies the simplified approach to its trade receivables so that the loss allowance is always measured at an amount equal to lifetime expected credit losses. The following table illustrates the use of a provision matrix as a risk profile disclosure under the simplified approach:

20XX
CU'000

Trade receivables days past due

Dealer financing

Current

More than 30
days

More than 60
days

More than 90
days

Total

Expected credit loss rate

0.10%

2%

5%

13%

-

Estimated total gross carrying amount at default

CU20,777

CU1,416

CU673

CU235

CU23,101

Lifetime expected credit losses-dealer financing

CU21

CU28

CU34

CU31

CU114

Customer financing

Expected credit loss rate

0.20%

3%

8%

15%

-

Estimated total gross carrying amount at default

CU19,222

CU2,010

CU301

CU154

CU21,687

Lifetime expected credit losses, customer financing

CU38

CU60

CU24

CU23

CU145

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