Consolidated Financial Statements
As for clients and other debts without impairment, the amounts are broken down as follows:
Dec. 2015
Dec. 2014
Debt not due
3.131.152
1.431.193
Debt due:
For less than 1 month
952.865
789.238
From one to three months
742.384
1.381.945
Over three months
2.295.803
2.075.756
7.122.205
5.678.133
Group main activity is carried out with sales paid
in cash or credit or debit card (Note 3b). The
measurement of credit quality of the outstand-
ing assets without impairment is not relevant.
In catering, usually customers pay by advance in
the hiring of the event. The amount of other cli-
ents corresponds mainly to airlines from Lisbon
airport concessions and the catering services
contract to a grantor. And in other debtors, the
balance is mainly made up of debtors suppliers,
debts to suppliers for the recovery of costs and
the marketing contributions and rappel, witch
are not at risk because they are covered by li-
abilities on the same suppliers.
December 31, 2015 accounts receivable not due
without impairment, is presented as follows:
Amount Default history
Franchise clients
218.174 With default history
Franchise clients
109.608 No default history
Catering clients
325.996 No default history
Catering clients
10.240 With default history
Other clients
46.433 No default history
Other clients
40.445 With default history
Other debtors c/c
308.777 n/a
Ascendi - Assets in progress transfer
2.071.479 n/a
3.131.152
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