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18 Inventories
CHF million
31.12.2016 31.12.2015
Raw materials and consumables
30.1
31.3
Purchased parts
1.6
2.4
Semi-finished and finished goods
40.2
40.0
Work in progress
79.5
60.9
Allowance
–3.2
–3.7
Total
148.2
130.9
19 Trade receivables
CHF million
31.12.2016 31.12.2015
Trade receivables nominal
286.4
264.7
Allowance for doubtful trade receivables
–10.3
–9.8
Total
276.1
254.9
The following table summarizes the movement in the allowance for doubtful trade receivables:
CHF million
2016
2015
Allowance at January 1
–9.8
–7.5
Additions and release
–1.6
–3.5
Utilization
1.4
0.5
Reclassification to assets of disposal group
–
0.5
Currency translation adjustment
–0.3
0.2
Allowance at December 31
–10.3
–9.8
The collectability of trade receivables is monitored on an ongoing basis. The allowance that is
recorded for doubtful trade receivables is calculated from the difference between the invoiced
amount and the expected payment.
94
Autoneum
Financial Report 2016
Consolidated Financial Statements