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36. Receivables

Annual Report 2019 > 36. Receivables
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Receivables – carrying amount 31 December 2019 31 December 2018
Receivables on direct insurance, including: 2,727 2,574
– receivables from policyholders 2,591 2,438
– receivables from insurance intermediaries 112 112
– other receivables 24 24
Reinsurance receivables 58 115
Other receivables 2,952 3,654
– receivables from disposal of securities and security deposits 1) 1,065 1,632
– receivables on account of payment card settlements 937 992
– trade receivables 249 340
– receivables from the state budget, other than corporate income tax receivables 169 237
– receivables by virtue of commissions concerning off-balance sheet products 153 178
– prevention settlements 47 46
– receivables from direct claims handling on behalf of other insurance undertakings 26 27
– receivables for acting as an emergency adjuster 13 14
– receivables on account of Corporate Income Tax 28 6
– receivables from security and bid deposits 39 34
– interbank and interbranch receivables 35 7
– other 191 141
Total receivables 5,737 6,343

1) this line item presents receivables associated with executed but outstanding transactions on financial instruments.

As at 31 December 2019 and 31 December 2018, the fair value of receivables did not differ significantly from their carrying amount, primarily due to their short-term nature and the policy of recognizing impairment losses.

 

Receivables – according to maturity stipulated in the terms and conditions of the agreement 31 December 2019 31 December 2018
Up to 1 year 1) 5,531 6,163
1 to 5 years 205 162
Over 5 years 1 18
Receivables – according to maturity stipulated in the terms and conditions of the agreement, total 5,737 6,343

1) Including past due receivables.