The following table shows the period overdue of trade receivables invoiced over the last two financial years:
|
(in millions of euros) |
2021 | 2020 |
|---|---|---|
| Amounts not yet due | Amounts not yet due 20218,305 |
Amounts not yet due 2020 6,815 |
| Overdue receivables: | Overdue receivables: 2021
|
Overdue receivables: 2020
|
| Up to 30 days | Up to 30 days2021 274 |
Up to 30 days 2020 238 |
| 31 to 60 days | 31 to 60 days2021 86 |
31 to 60 days 2020 73 |
| 61 to 90 days | 61 to 90 days2021 36 |
61 to 90 days 2020 41 |
| 91 to 120 days | 91 to 120 days2021 28 |
91 to 120 days 2020 24 |
| More than 120 days | More than 120 days2021 158 |
More than 120 days 2020 151 |
| Total overdue receivables | Total overdue receivables2021582 | Total overdue receivables 2020 527 |
| Invoiced trade receivables | Invoiced trade receivables20218,887 | Invoiced trade receivables 2020 7,342 |
| Impairment | Impairment 2021(193) |
Impairment 2020 (149) |
| Invoiced trade receivables net | Invoiced trade receivables net20218,694 | Invoiced trade receivables net 2020 7,193 |
|
(% of revenue) |
2021 | 2020 |
|---|---|---|
| Five largest clients | Five largest clients2021 12% |
Five largest clients 2020 13% |
| Ten largest clients | Ten largest clients2021 20% |
Ten largest clients 2020 20% |
| Twenty largest clients | Twenty largest clients2021 30% |
Twenty largest clients 2020 31% |
| Thirty largest clients | Thirty largest clients2021 37% |
Thirty largest clients 2020 37% |
| Fifty largest clients | Fifty largest clients2021 45% |
Fifty largest clients 2020 45% |
| One hundred largest clients | One hundred largest clients2021 56% |
One hundred largest clients 2020 56% |
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 Groupe Treasury Department. Exceptions to this policy are handled centrally for the entire Groupe 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.
