Notes to the Consolidated Financial Statements

17. Accounts receivable and other receivables

€ 000

2014

2013

Accounts receivable and other receivables

   

  Accounts receivable

14,400 14,907

  Receivables from customers on long-term projects

2,009 1,274

  Security deposit for rental due

291 228

  Tax assets from the profit for the financial year

209 533

  Prepayments and accrued income

2,258 3,196

  Other receivables

1,232 309

Accounts receivable and other receivables

20,399 20,448

 

€ 000

2014

2013

Non-due accounts receivable

12,777 13,408

Accounts receivable due 1–30 days ago

802 1,278

Accounts receivable due 31–60 days ago

431 70

Accounts receivable due more than 60 days ago

390 150

Total

14,400 14,907

 

At the end of the fiscal year 2014, credit losses totalled EUR 0.1 million. At the end of the fiscal year 2013, credit losses totalled EUR 0.01 million. The book value of accounts receivable and security deposits for rental dues is a reasonable estimate of their fair value. Their balance sheet values best correspond with the sum of money that represents the maximum amount of credit risks. Essential items included in prepayments and accrued income are associated with the accrual of statutory insurance premiums and other accrued expenses.