The following table shows the period overdue of trade receivables invoiced over the last two financial years:
| (in millions of euros) |
2019 |
2018 |
|---|---|---|
|
Amounts not yet due |
Amounts not yet due 2019 7,204 |
Amounts not yet due 2018 6,390 |
|
Overdue receivables: |
Overdue receivables: 2019
|
Overdue receivables: 2018
|
|
• Up to 30 days |
• Up to 30 days 2019 397 |
• Up to 30 days 2018 323 |
|
• 31 to 60 days |
• 31 to 60 days 2019 138 |
• 31 to 60 days 2018 118 |
|
• 61 to 90 days |
• 61 to 90 days 2019 64 |
• 61 to 90 days 2018 36 |
|
• 91 to 120 days |
• 91 to 120 days 2019 30 |
• 91 to 120 days 2018 24 |
|
• More than 120 days |
• More than 120 days 2019 163 |
• More than 120 days 2018 121 |
|
Total overdue receivables |
Total overdue receivables 2019 792 |
Total overdue receivables 2018 622 |
|
Invoiced trade receivables |
Invoiced trade receivables 2019 7,996 |
Invoiced trade receivables 2018 7,012 |
|
Impairment |
Impairment 2019 (107) |
Impairment 2018 (86) |
|
Invoiced trade receivables net |
Invoiced trade receivables net 2019 7,889 |
Invoiced trade receivables net 2018 6,926 |
| % of revenue |
2019 |
2018 |
|---|---|---|
|
Five largest clients |
Five largest clients 2019 12% |
Five largest clients 2018 12% |
|
Ten largest clients |
Ten largest clients 2019 19% |
Ten largest clients 2018 18% |
|
Twenty largest clients |
Twenty largest clients 2019 29% |
Twenty largest clients 2018 28% |
|
Thirty largest clients |
Thirty largest clients 2019 35% |
Thirty largest clients 2018 34% |
|
Fifty largest clients |
Fifty largest clients 2019 42% |
Fifty largest clients 2018 42% |
|
One hundred largest clients |
One hundred largest clients 2019 53% |
One hundred largest clients 2018 53% |
Publicis has established a group-wide policy for selecting authorized banks as counterparties for all its subsidiaries. This policy requires that deposits be made in authorized banks and that in general all banking services be provided exclusively by these banks. The list of authorized banks is reviewed periodically by the Group Treasury Department. Exceptions to this policy are handled centrally for the entire Group by the Treasury Office.
Additionally, studies are carried out in order to ensure that almost all cash and cash equivalents are deposited in authorized banks.
