16. Accounts receivable and other receivables

Notes to the Consolidated Financial Statements

16. Accounts receivable and other receivables

€ 000

2016

2015

Accounts receivable and other receivables

   

Accounts receivable

14,320 18,345

Receivables from customers on long-term projects

1,452 1,219

Security deposit for rental due

29 160

Tax assets from the profit for the financial year

- 103

Prepayments and accrued income

3,223 2,897

Other receivables

108 1,016

Accounts receivable and other receivables

19,132 23,741
     

€ 000

2016

2015

Non-due accounts receivable

6,823 15,875

Accounts receivable due 1–30 days ago

2,234 1,706

Accounts receivable due 31–60 days ago

3,862 350

Accounts receivable due more than 60 days ago

1,401 415

Total

14,320 18,345
     

At the end of the fiscal year 2016, credit losses totalled EUR 0.02 million. At the end of the fiscal year 2015, credit losses totalled EUR 0.2 million. The book value of accounts receivable and security deposits for rental dues is a reasonable estimate of their fair value. Their balance sheet values best correspond with the sum of money that represents the maximum amount of credit risks. Essential items included in prepayments and accrued income are associated with the accrual of statutory insurance premiums and other accrued expenses.