Ablynx annual report 2014

Page 147

8.10. TRADE RECEIVABLES AND OTHER CURRENT ASSETS As at 31 December (€'000)

2014

2013

Trade receivables

0

272

Invoices to be made

19

243

Total

19

515

553

478

18

24

571

502

Witholding taxes on interest income

454

448

Total

454

448

1,070

626

479

351

1,549

977

Trade receivables

Other current assets VAT receivables Other receivables Total Tax receivables

Accrued income and deferred expenses Accrued income Deferred expenses Total

Trade receivables consist of amounts due from research collaboration partners. The nominal amount of both trade and other receivables approximates the fair value. Other receivables mainly consist of taxes to be recovered. Trade receivables that were past due are not impaired. The trade receivables relate to a limited number of high-ranked international customers for whom there is no recent history of default. Currently there are no past due trade receivables. Currently there are no carrying amounts of the Group’s trade and other receivables. As at 31 December ('000)

2014

2013

0

272

US $

0

0

ANNUAL REPORT 2014 / ABLYNX

147.

CORPORATE GOVERNANCE & FINANCIAL REVIEW


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