7. Trade receivables

in € thousand 31.12.2011 31.12.2010
Trade receivables 6,617 4,534
Allowances for doubtful accounts -1,011 -1,053
  5,606 3,481

Receivables result primarily from rental invoices and services in relation to investments for which charges are passed on. These were predominantly paid at the time the consolidated financial statements were prepared. The amounts recognised at the reporting date are protected by means of guarantees, cash security deposits and letters of comfort.

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