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(1) (2) notes to tHe Consolidated BalanCe sHeet Cash and cash equivalents and securities Cash and cash equivalents and securities comprise the following items: in € million deC. 31, 2012 deC. 31, 2011 Cash on hand, bank balances, checks 298.2 188.9 Available-for-sale securities 558.2 645.2 Cash and cash equivalents and securities 856.4 834.1 Impairments of €1.0 million (previous year: € 3.1 million) were made in the year under review on the securities in the “available-for-sale” category. Trade receivables Default and other risks are taken into account by creating adequate allowances which are recognized in the carrying amount. During this financial year, the allowances came to € 23.1 million (previous year: € 22.9 million). The fair value corresponds approximately to the carrying amount. Significant impairments were booked in trade receivables because they could not be collected. These developed as follows: in € million 2012 2011 Status of allowances as of Jan. 1 22.9 14.0 Currency translation – 0.2 1.1 Increase 10.8 12.3 Utilization – 3.7 – 2.2 Release – 6.7 – 2.3 Status of allowances as of Dec. 31 23.1 22.9 33
34 (3) The following table shows the ageing structure of the past due and not impaired trade receivables: in € million Trade receivables neither impaired nor past due by the following time periods as of the balance sheet date Less than 30 days 30 – 90 days 91–180 days 181– 360 days More than one year Closing date Dec. 31, 2012 83.2 25.1 6.8 1.6 1.4 Closing date Dec. 31, 2011 59.4 34.9 6.7 8.4 2.1 With regard to the trade payables that are neither impaired nor past due, there is no information as of the closing date to suggest that the debtors will not meet their payment obligations. Miscellaneous current receivables and other assets Miscellaneous current receivables and other assets are broken down as follows: in € million deC. 31, 2012 deC. 31, 2011 Positive fair values derivatives 40.5 61.2 Receivables from associates and other interests 5.9 5.5 Other assets 41.1 58.6 Miscellaneous receivables and other assets 87.5 125.3 Please refer to the section on financial risk management.
Page 1 and 2: Consolidated Financial statements 2
Page 3 and 4: 02 Consolidated Balance sheet of He
Page 5 and 6: 04 Consolidated income statement of
Page 7 and 8: 06 Consolidated Cash Flow statement
Page 9 and 10: 08 notes to the Consolidated Financ
Page 11 and 12: 10 lead to a shift between two item
Page 13 and 14: 12 In business combinations, the ac
Page 15 and 16: 14 Application of new or amended st
Page 17 and 18: 16 aCCoUntinG poliCies Cash and cas
Page 19 and 20: 18 The precious metal trading stock
Page 21 and 22: 20 asset item UseFUl liFe in YeaRs
Page 23 and 24: 22 The classification depends on th
Page 25 and 26: 24 If hedging transactions used to
Page 27 and 28: 26 Pension Regulation II 2001, whic
Page 29 and 30: 28 Scope of consolidation The conso
Page 31 and 32: 30 of Midwest Instrument Company, a
Page 33: 32 It was possible to cover the pre
Page 37 and 38: 36 (5) Intangible assets in € mil
Page 39 and 40: 38 Other intangible assets At € 0
Page 41 and 42: 40 In financial year 2012, impairme
Page 43 and 44: 42 (8) (9) Other non-current assets
Page 45 and 46: 44 (10) Trade payables Trade payabl
Page 47 and 48: 46 Non-current provisions for perso
Page 49 and 50: 48 The provisions for pensions and
Page 51 and 52: 50 The fair value of the plan asset
Page 53 and 54: 52 Of the total expenses for pensio
Page 55 and 56: 54 in € million deC. 31, 2012 deC
Page 57 and 58: 56 notes to tHe Consolidated inCome
Page 59 and 60: 58 (17) Other operating income Othe
Page 61 and 62: 60 (20) Financial result The financ
Page 63 and 64: 62 The following deferred tax asset
Page 65 and 66: 64 The item “Change in other net
Page 67 and 68: 66 Interest rate swaps come under t
Page 69 and 70: 68 addition, credit lines with vari
Page 71 and 72: 70 Values of derivative financial i
Page 73 and 74: 72 in € million deC. 31, 2012 FIN
Page 75 and 76: 74 Notes to the income statement Th
Page 77 and 78: 76 Analysis of maturities The follo
Page 79 and 80: 78 otHeR disClosURes Contingent lia
Page 81 and 82: 80 Auditor’s expenses The expense
Page 83 and 84: 82 name oF CompanY ReGisteRed oFFiC
Page 85 and 86:
84 name oF CompanY ReGisteRed oFFiC
Page 87 and 88:
86 aUditoR’s RepoRt We have audit
Page 90:
Heraeus Holding GmbH Corporate Comm
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