Note 14 Accounts receivable

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MTG B 2/7/2012 5:29 PM

360 SEK -4.6 SEK

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MTG

Modern Times Group MTG AB Box 2094 SE-103 13 Stockholm Sweden Visiting: Skeppsbron 18 Tel: +46 8 562 000 50


Group (SEK million)	31 December 2008	31 December 2007
Accounts receivable
Gross accounts receivable	1,747	1,453
Less allowances for doubtful accounts	-161	-112
Total	1,585	1,341

Allowance for doubtful accounts
Balance at beginning of year	112	93
Provision for potential losses	57	23
Actual losses	-2	-8
Reversed write-offs	3	-
Translation differences	-9	4
Balance at end of year	161	112

Receivables due without provisions for bad debt
<30 days	250	210
30-90 days	135	51
> 91 days	21	30
Total	406	261

Receivables due with provisions for bad debt
> 91 days	161	112
Total	161	112

Parent company (SEK million)	31 December 2008	31 December 2007
Gross accounts receivable	0	0
Less allowances for doubtful accounts	0	0
Total	0	0

Receivables are regarded as bad debts when payment is more than 90 days past due or when there is other information that causes MTG to provide for bad debts.