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Financial Information concerning the Group’s Assets and Liabilities, Financial Condition andResults
Group Consolidated Financial Statements
201
Worldline
2016 Registration Document
Trade accounts and notes receivable
Note
17
(in € million)
December 31, 2016
December 31, 2015
Gross value
299.6
247.5
Provision for doubtful debt
-4.7
-4.9
Net asset value
294.9
242.6
Prepayments
-12.9
-9.0
Deferred income and upfront payments received
-92.7
-47.7
Net accounts receivable
189.3
185.9
Number of days sales outstanding (DSO)
40
38
For balances outstanding for more than 60 days, the Group considers the need for depreciation on a case-by-case basis through a
quarterly review of its balances.
AGEINGOF PASTDUENETRECEIVABLES
(in € million)
December 31, 2016
December 31, 2015
0-30 days overdues
23.9
8.1
30-60 days overdues
4.3
3.4
Beyond 60 days overdues
4.4
7.5
Total
32.6
19.0
Other current assets
Note
18
(in € million)
December 31, 2016
December 31, 2015
Inventories
17.7
13.8
State – VAT receivables
24.2
21.5
Prepaid expenses
Note 24
60.1
28.4
Other receivables & current assets
24.8
11.9
Advance payment
2.1
1.4
Total
129.0
77.0
Cash and cash equivalents
Note
19
(in € million)
December 31, 2016
December 31, 2015
Cash and cash equivalents
171.1
98.5
Current accounts with Atos entities – Assets
1.4
0.1
Short-term bank deposits
250.0
250.0
Money market funds
2.8
4.7
Total cash and cash equivalents
425.2
353.3
Overdrafts
-14.5
-19.1
Current accounts with Atos entities – Liabilities
-2.5
-9.0
Total overdrafts and equivalents
-17.0
-28.1
Total net cash and cash equivalents
408.2
325.2