Flughafen Zürich AG - Annual Report 2019

14 Trade receivables

(CHF 1,000)	31.12.2019	31.12.2018
Trade receivables, gross 1)	112,805	102,610
Allowance for expected credit loss	–616	–586
Trade receivables, net	112,189	102,024

1) Trade receivables include an amount of CHF 18.8 million due from Swiss (2018: CHF 21.8 million). In the period between the balance sheet date and the preparation of the 2019 annual report, Swiss had paid the outstanding amount arising from airport charges in full as at 31 December 2019.

Geographical distribution of trade receivables:

(CHF 1,000)	31.12.2019	31.12.2018
Switzerland	50,513	35,013
Europe	4,356	9,110
Other	809	7,670
Total aviation	55,678	51,793
Switzerland	52,545	44,918
Europe	110	67
Latin America	4,377	5,785
Other	95	47
Total non-aviation	57,127	50,817
Total trade receivables, gross	112,805	102,610

Expected credit losses on trade receivables are as follows for the reporting period and the previous year:

(CHF 1,000)					31.12.2019
	Not past due	Past due, 0 to 30 days	Past due, 31 to 60 days	Past due, more than 60 days	Total
Expected credit loss rate (in %)	0.3	1.5	3.0	5.0
Trade receivables, gross	94,505	14,754	1,499	2,047	112,805
Expected credit loss	–247	–221	–46	–102	–616

(CHF 1,000)					31.12.2018
	Not past due	Past due, 0 to 30 days	Past due, 31 to 60 days	Past due, more than 60 days	Total
Expected credit loss rate (in %)	0.3	1.5	2.5	5.0
Trade receivables, gross	88,039	9,683	2,050	2,838	102,610
Expected credit loss	–248	–145	–51	–142	–586

In almost all cases, receivables not past due concern long-standing client relationships. Based on past experience, Flughafen Zürich AG does not expect any additional credit losses.