|Bad debt reserve||(6,377)||(6,249)||(128)|
“Third parties” refers mainly to catering service agreements and accounts with affiliated companies.
Movements in the “Allowance for impairment” are shown below:
|Allowance for impairment at 31 december 2014||6,249|
|Increases, net of use||2,054|
|Other movements and exchange rate differences||(1,454)|
|Allowance for impairment at 31 december 2015||6,377|
Net allocations of € 2,054k in 2015 reflect the impairment of disputed receivables.
Utilizations, amounting to € 472k, refer to the settlement of disputes during the year against which bad debt provisions had been made in the past.