Page 59 - MEDIASET ESPAÑA / 2012. Financial Statements, Management and Corporate Governance Report

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FINANCIAL STATEMENTS, MANAGEMENT AND CORPORATE GOVERNANCE REPORT. 2012
9. INVENTORIES
The balances under this heading at year end were as follows:
2012 2011
Prepayments to program suppliers 311 316
In-house production programs 5,628 7,394
Total 5,939 7,710
10. TRADE AND OTHER RECEIVABLES
The breakdown of trade and receivables in 2012 and 2011 was as follows:
12/31/12 12/31/11
Trade receivables 5,659 12,965
Receivables from Group companies and associates (Note 19) 144,509 175,689
Other receivables 5 5
Receivables from employees 47 56
Receivables from Public Bodies (Note 15) 16,720 12,145
166,940 200,860
Impairment losses:
The balance of trade receivables is shown net of impairment loss allowances.The variations in 2012 and 2011 in these
impairment losses were as follows:
Thousands of euros
Cumulative impairment losses at January 1, 2011 5,841
Charge to the income statement 3,597
Contribution from the merger (2,995)
Cumulative impairment losses at December 31, 2011 6,443
Cumulative impairment losses at January 1, 2012 6,443
Charge to the income statement 1,880
Cumulative impairment losses at December 31, 2012 8,323
The breakdown of trade receivables denominated in foreign currency, for 2012 and 2011, is as follows:
ASSETS
2012 2011
Dollars Balance in euros at 12/31/12 Dollars Balance in euros at 12/31/11
Trade receivables 89 68 104 80