F.5. Receivables
| In CZK million, as at 31 December | 2015 | 2014 |
|---|---|---|
| Receivables arising out of direct insurance operations | 1,850 | 1,998 |
Amounts owed by policyholders | 1,797 | 1,972 |
Amount owed by intermediaries | 53 | 26 |
| Receivables arising out of reinsurance operations | 2,211 | 2,249 |
| Trade and other receivables | 1,298 | 637 |
| Receivables from derivatives collateral | 695 | 1,120 |
| Current income tax receivables | 32 | 32 |
| Total receivables | 6,086 | 6,036 |
| Current portion | 5,551 | 5,289 |
| Non-current portion | 535 | 747 |
Trade and other receivables include the receivable of CZK 505 million from GENERALI TOWARZYSTWO UBEZPIECZEŇ S.A. from the sale of Polish operations (see F.6).
| In CZK million, for the year ended 31 December | 2015 | 2014 |
|---|---|---|
| At 1 January | 6,036 | 6,674 |
| Net change in gross value of receivables | 6,388 | (476) |
| Movement in impairment allowance | 117 | 66 |
| Write offs | (6,455) | (228) |
| At 31 December | 6,086 | 6,036 |