[26] Trade receivables

The trade receivables break down as follows: > TABLE 069

Trade receivables

 

069

in € million

2015

2014

Receivables from third parties

631.8

582.6

thereof receivables from third parties before valuation allowances

670.3

622.8

thereof valuation allowances for overdue receivables > 90 days ≤ 180 days

–6.5

–6.9

thereof valuation allowances for overdue receivables > 180 days

–22.1

–22.3

thereof other valuation allowances for receivables

–9.9

–11.1

Trade receivables from non-consolidated subsidiaries

16.2

4.7

Trade receivables from equity-accounted investments and other investments

20.9

10.9

Construction contracts with a net credit balance towards customers

1.5

Total trade receivables

670.5

598.2

Valuation allowances of €38.5 million (31 December 2014: €40.2 million) were recognised for trade receivables. The contract costs incurred and the contract profit recognised (net of recognised losses) in respect of construction contracts that had not been completed by the reporting date came to a total of €47.3 million (31 December 2014: €0.0 million).