Receivables

Non-current receivables

Non-current receivables are associated mainly with customer financing in Healthcare and insurance receivables in Innovation, Group & Services. The balance as per December 31, 2014 includes an allowance for doubtful accounts of EUR 2 million (2013: EUR 7 million).

Current receivables

The accounts receivable, net, per sector are as follows:

Philips Group
Accounts receivables-net in millions of EUR
2013 - 2014
 
2013
2014
Healthcare
1,978
2,112
Consumer Lifestyle
743
791
Lighting
1,567
1,438
Innovation, Group & Services
132
135
Accounts receivable-net
4,420
4,476

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The balance of Lighting accounts receivables as per December 31, 2014 excludes EUR 274 million of account receivables associated with Lumileds and Automotive businesses and classified as Assets held for sale. For more details, please refer to note (3) Discontinued operations and other assets classified as held for sale.

The aging analysis of accounts receivable, net, is set out below:

Philips Group
Aging analysis in millions of EUR
2013 - 2014
 
2013
2014
current
3,671
3,719
overdue 1-30 days
287
251
overdue 31-180 days
305
335
overdue > 180 days
157
171
Accounts receivable-net
4,420
4,476

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The above net accounts receivable represent current and overdue but not impaired receivables.

The changes in the allowance for doubtful accounts receivable are as follows:

Philips Group
Allowance for doubtful accounts receivable in millions of EUR
2012 - 2014
 
20121)
20131)
2014
Balance as of January 1
265
230
204
Additions charged to expense
13
29
48
Deductions from allowance2)
(49)
(33)
(46)
Other movements
1
(22)
21
Balance as of December 31
230
204
227
1)
Amounts have been revised following reclassification
2)
Write-offs for which an allowance was previously provided
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The allowance for doubtful accounts receivable has been primarily established for receivables that are past due.

Included in above balances as per December 31, 2014 are allowances for individually impaired receivables of EUR 200 million (2013: EUR 172 million; 2012: EUR 194 million).

(0)
(0)

CO2-equivalent or carbon dioxide equivalent is a quantity that describes, for a given mixture and amount of greenhouse gas, the amount of CO2 that would have the same global warming potential (GWP), when measured over a specified timescale (generally 100 years).