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FREIGHT RECEIVABLES (Tables) | 12 Months Ended
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Dec. 31, 2019
FREIGHT RECEIVABLES |
Schedule of individually determined to be impaired to a value |
USDm |  | 2019 |  | 2018 |  | 2017
Analysis as of 31 December of freight receivables: |  |  |  |  |  |
Gross freight receivables: |  |  |  |  |  |
Not yet due |  | 39.8 |  | 44.0 |  | 25.5
Due < 30 days |  | 22.5 |  | 18.8 |  | 26.0
Due between 30 and 180 days |  | 25.3 |  | 20.5 |  | 18.4
Due > 180 days |  | 6.0 |  | 4.4 |  | 2.7
Total gross |  | 93.6 |  | 87.7 |  | 72.6
Allowance for expected credit loss |  | 3.7 |  | 1.7 |  | 1.3
Total net |  | 89.9 |  | 86.0 |  | 71.3
Schedule of movement in provisions for impairment of freight receivables |
USDm |  | 2019 |  | 2018 |  | 2017
Allowance for expected credit loss |  |  |  |  |  |
Balance as of 1 January |  | 1.7 |  | 1.3 |  | 2.6
Adjustment to prior years |  | 1.5 |  | — |  | —
Provisions for the year |  | 2.4 |  | 1.7 |  | 0.6
Provisions reversed during the year |  | (1.9) |  | (1.0) |  | (1.9)
Provisions utilized during the year |  | — |  | (0.3) |  | —
Balance as of 31 December |  | 3.7 |  | 1.7 |  | 1.3

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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 2021-01-01 -Name IFRS -Number 7 -IssueDate 2019-01-01 -Paragraph 37 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2017-en-b&anchor=para_37&doctype=Standard&book=b -URIDate 2019-03-27 + 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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