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FREIGHT RECEIVABLES (Tables) | 12 Months Ended
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Dec. 31, 2017
Freight Receivables [Abstract] |
Schedule of individually determined to be impaired to a value |
USDm | 2017 | 2016 | 2015
Analysis as of 31 December of freight receivables: |  |  |
Neither past due nor impaired | 25.5 | 28.7 | 40.3
Past due not impaired: |  |  |
Due before 30 days | 26.0 | 13.0 | 22.8
Due between 30 and 180 days | 18.4 | 18.7 | 16.4
Past due and impaired: |  |  |
Due after 180 days | 2.7 | 4.7 | 5.3
Total gross | 72.6 | 65.1 | 84.8
Provision for impairment of freight receivables | 1.3 | 2.6 | 1.7
Total net | 71.3 | 62.5 | 83.1
Schedule of movment in provisions for impairment of freight receivables |
USDm | 2017 | 2016 | 2015
Provisions for impairment of Freight receivables |  |  |
Balance as of 1 January | 2.6 | 1.7 | -
Addition from business combinations | - | - | 1.9
Provisions for the year | 0.6 | 1.9 | 0.5
Provisions reversed during the year | -1.9 | -1.0 | -0.7
Balance as of 31 December | 1.3 | 2.6 | 1.7

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- Definition The disclosure of financial assets that are either past due or impaired. [Refer: Financial assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Note Expiry date 2018-01-01 -Name IFRS -Number 7 -IssueDate 2017-01-01 -Paragraph 37 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=7&date=2017-03-02&anchor=para_37&doctype=Standard&book=B -URIDate 2017-03-09 + Details
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- Definition Represents freight receivables. + References No definition available. + Details
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- Definition Represents the tabular disclosure of movements in provisions for impairment of freight receivables. + References No definition available. + Details
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