[23] Trade receivables

The trade receivables consist of the following:

Trade receivables

€ thousand

2011

2010

 

 

 

Receivables from third parties

651,560

601,214

thereof receivables from third parties before valuation allowances

701,125

648,339

thereof valuation allowances for overdue receivables
> 90 days ≤ 180 days

-9,242

-9,213

thereof valuation allowances for overdue receivables > 180 days

-27,988

-28,836

thereof other valuation allowances for receivables

-12,335

-9,076

Trade receivables from affiliated companies

3,150

4,011

Trade receivables from investments in associated companies and joint ventures

21,843

28,040

Total trade receivables

676,553

633,265

Valuation allowances of €49,565 thousand (31 December 2010: €47,125 thousand) were recognised for trade receivables.

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