ANNUAL REPORT ‘12
NOTES TO THE FINANCIAL STATEMENTS
222
18_RECEIVABLES AND OTHERS – CURRENT
The book value deducted from impairment losses of commercial debts is approximately its fair value.
The heading of Accrued Earnings includes, amongst others, the sums concerning security taxes to be received from
INAC. The balance at the end of 2012 amounts to 8.8 million euros at the Group, of which 8.0 million euros
correspond to ANA, S.A.. In 2011, this situation took the following expression: 8.6 million euros for the Group, of
which 7.7 million euros respected ANA, SA..
The amounts in question include income related to the security fee for the last quarter of 2011 collected by INAC
and not yet transferred to the Group, being estimated at 3.3 million euros.
Under “Debtors and other receivables”, approximately 3.1 million euros related to the Group’s security fees are
included. This amount is related to the fact that INAC, under the terms of article 3(5) of Decree-Law no. 72-A/2010,
of 18 June, blocked the amount in question. However, according to paragraph 6 of the same article, the blocked
monies can be released and used through an order by the member of the Government responsible for the area of
finances, and for this reason they were entered under this heading.
The heading of “Advance payments” is essentially related to Supplies of external services that have already been
paid for but whose cost has not yet become effective due to respecting the subsequent periods.
37,745,839.69
37,799,649.23 Customers
49,119,640.45
50,519,776.57
1,372,680.28
1,651,906.38 VAT receivable
2,195,356.80
3,325,931.64
12,485,383.01
17,948,378.17 Miscellaneous debtors and other receivables
13,666,255.78
20,729,939.63
-
522.63 Participated and holding companies
-
-
9,318,095.63
8,536,628.27 Accrued earnings
10,046,973.01
9,431,890.77
283,875.90
- Subsidies receivable
879,644.86
-
1,916,344.89
1,492,988.22 Advanced payments
3,065,404.47
2,325,988.72
63,122,219.40
67,430,072.90
78,973,275.37
86,333,527.33
(5,418,991.09)
(5,215,762.57) Losses due to impairment of customer debts
(8,838,174.48)
(9,043,396.86)
(2,952,872.99)
(6,484,088.43) Losses due to impairment of third party debts
(2,946,810.03)
(6,478,025.47)
(8,371,864.08) (11,699,851.00)
(11,784,984.51)
(15,521,422.33)
54,750,355.32
55,730,221.90
67,188,290.86
70,812,105.00
ANA, S.A.
2012
2011
ANA GROUP
2012
2011
