Loss allowance on financial assets and contract assets
The movement of loss allowance during the year 2023 is summarized as follows:
Finance lease receivable | Contract assets | Trade receivables | Other financial assets | |||||
|---|---|---|---|---|---|---|---|---|
2023 | 2022 | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 | |
Opening loss allowance as at 1 January | (0) | (0) | (1) | (1) | (2) | (3) | (95) | (108) |
Increase in loss allowance recognized in profit or loss during the year | - | (0) | (1) | (1) | (3) | (1) | (28) | - |
Receivables written off during the year as uncollectible | - | - | - | - | - | - | - | - |
Unused amount reversed | 0 | 0 | 1 | 1 | 1 | 2 | 0 | 14 |
At 31 December | (0) | (0) | (1) | (1) | (5) | (2) | (123) | (95) |