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Trade accounts receivable

12 Months Ended

Dec. 31, 2019

9.	Trade accounts receivable

Trade accounts receivables are amounts due from clients mainly related to equipment rental and other services and Pin Pads & POS sales to other customers. Trade accounts receivable are generally due between 30 and 60 days, therefore are all classified as current.


	2019			2018
Accounts receivable from clients (a)		108,490			32,823
Loans held for sale (b)		124,661			—
Other trade accounts receivable		39,922			19,538
Allowance for expected credit losses		(23,656	)		(7,745	)

		249,417			44,616

(a)	Comprised mainly of accounts receivable from equipment rental.

(b)	Comprised of accounts receivable from credit solution.

The Group records an allowance for expected credit losses of trade receivables from the lease of equipment to clients based on an expected credit loss model covering history of defaults and the expected nature and level of risk associated with receivables. See Note 3.6.1.4 and 4.1 for further details.

The movement in the allowance for expected credit losses of trade accounts receivables is as follows:


	2019			2018
At January 1		7,745			5,048
Charge for the year		35,695			12,257
Reversal		(3,179	)		(3,051	)
Write-off		(16,605	)		(6,509	)

At December 31		23,656			7,745