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Note 19 - Trade receivables, net

12 Months Ended

Dec. 31, 2023

Note 19 - Trade receivables, net

Note 19 - Trade receivables, net

19 Trade receivables, net

	Year ended December 31,
	2023			2022
Current accounts	2,471,565			2,479,035
Receivables from related parties	58,370			60,400
	2,529,935			2,539,435
Allowance for doubtful accounts, see note 25 (i)	(49,046	)		(45,495	)
	2,480,889			2,493,940

The following table sets forth details of the aging of trade receivables:

At December 31, 2023	Trade Receivables			Not Due			Past due
	Trade Receivables			Not Due			1 - 180 days			> 180 days
Guaranteed	261,113			236,714			23,991			408
Not guaranteed	2,268,822			1,613,626			590,236			64,960
Guaranteed and not guaranteed	2,529,935			1,850,340			614,227			65,368
Expected loss rate	0.06	%		0.02	%		0.18	%		0.46	%
Allowance for doubtful accounts	(1,636	)		(312	)		(1,249	)		(75	)
Nominative allowance for doubtful accounts	(47,410	)		-			(748	)		(46,662	)
Net Value	2,480,889			1,850,028			612,230			18,631

At December 31, 2022	Trade Receivables			Not Due			Past due
	Trade Receivables			Not Due			1 - 180 days			> 180 days
Guaranteed	265,898			237,784			27,431			683
Not guaranteed	2,273,537			1,756,707			465,423			51,407
Guaranteed and not guaranteed	2,539,435			1,994,491			492,854			52,090
Expected loss rate	0.06	%		0.03	%		0.18	%		0.77	%
Allowance for doubtful accounts	(1,657	)		(654	)		(920	)		(83	)
Nominative allowance for doubtful accounts	(43,838	)		-			(1,541	)		(42,297	)
Net Value	2,493,940			1,993,837			490,393			9,710

Trade receivables are mainly denominated in U.S. dollars.