Annual Report 2010/11 - Sonova

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11. cash and cash equivalents
1,000 chf 31.3.2011 31.3.2010
cash on hand 609 452
current bank accounts 156,320 334,296
time deposits 8,204 1,183
Total 165,133 335,931
time deposits and bank accounts are mainly denominated in chf, euR and usd.
for details of the movements in cash and cash equivalents refer to the consolidated cash flow statements.
12. other current financial assets
1,000 chf 31.3.2011 31.3.2010
Marketable securities 11,691 11,785
loans to third parties 16,898 5,763
Total 28,589 17,548
marketable securities mainly consist of quoted bonds and equity funds. the carrying values of these financial assets equal
market prices. the increase in loans to third parties is due to a loan that was previously included in long­term loans to
third parties which matures in the financial year 2011/12.
13. trade receivables
1,000 chf 31.3.2011 31.3.2010
trade accounts receivable 334,923 342,325
Provision for doubtful accounts (14,342) (17,870)
Total 320,581 324,455
as common in this industry, the sonova group has a large number of customers. there is no significant concentration of
the credit risk. the aging of trade accounts receivable and related provisions is as follows:
1,000 chf 31.3.2011 31.3.2010
Total trade accounts receivable, net 320,581 324,455
of which:
not overdue 213,692 217,868
overdue 1 – 30 days 43,530 48,684
overdue more than 30 days 63,359 57,903
Total 320,581 324,455