[26] Trade receivables
The trade receivables break down as follows: > TABLE 069
Trade receivables |
|
069 |
in € million |
2015 |
2014 |
Receivables from third parties |
631.8 |
582.6 |
thereof receivables from third parties before valuation allowances |
670.3 |
622.8 |
thereof valuation allowances for overdue receivables > 90 days ≤ 180 days |
–6.5 |
–6.9 |
thereof valuation allowances for overdue receivables > 180 days |
–22.1 |
–22.3 |
thereof other valuation allowances for receivables |
–9.9 |
–11.1 |
Trade receivables from non-consolidated subsidiaries |
16.2 |
4.7 |
Trade receivables from equity-accounted investments and other investments |
20.9 |
10.9 |
Construction contracts with a net credit balance towards customers |
1.5 |
– |
Total trade receivables |
670.5 |
598.2 |
Valuation allowances of €38.5 million (31 December 2014: €40.2 million) were recognised for trade receivables. The contract costs incurred and the contract profit recognised (net of recognised losses) in respect of construction contracts that had not been completed by the reporting date came to a total of €47.3 million (31 December 2014: €0.0 million).