Bayer AG - Annual Report 2006 - Trade accounts receivable

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Financial Statements

23. Trade accounts receivable

Trade accounts receivable as of December 31, 2006 include €5,756 million (2005: €5,162 million) maturing within one year and €46 million (2005: €42 million) maturing after one year. Of the total, €25 million (2005: €36 million) was receivable from associates and €5,777 million (2005: €5,168 million) from other customers.

Changes in write-downs of trade accounts receivable were as follows:

	2005	2006
€ million
January 1	(273)	(334)
Changes in the scope of consolidation	1	0
Additions expensed	(158)	(145)
Deductions due to reversal or utilization	118	152
Reclassifi cations to current assets	-	22
Exchange differences	(22)	0
December 31	(334)	(305)