Loss allowance on financial assets and contract assets
The movement of loss allowance during the year 2024 is summarized as follows:
Finance lease receivable | Contract assets | Trade receivables | Other financial assets | |||||
|---|---|---|---|---|---|---|---|---|
2024 | 2023 | 2024 | 2023 | 2024 | 2023 | 2024 | 2023 | |
Opening loss allowance as at 1 January | (0) | (0) | (1) | (1) | (5) | (2) | (123) | (95) |
Increase in loss allowance recognized in profit or loss during the year | (0) | - | (2) | (1) | (1) | (3) | (5) | (28) |
Receivables written off during the year as uncollectible | - | - | - | - | - | - | - | - |
Unused amount reversed | 0 | 0 | 2 | 1 | 1 | 1 | 0 | 0 |
At 31 December | (0) | (0) | (0) | (1) | (4) | (5) | (128) | (123) |