191
| SCOTTISH ENTERPRISE |
| 2026 | 2025 |
|---|
| 102 | Gross | Impairment | Gross | Impairment |
|---|
| £000 | £000 | £000 | £000 |
|---|
| Not past due | 3,918 | (2,133) | 4,347 | (2,005) |
|---|
| Past due 0 to 30 days | 1,202 | - | 724 | - |
|---|
| Past due 31 to 120 days | 218 | - | 498 | (31) |
|---|
| Past due more than 120 days | 5,800 | (5,720) | 7,043 | (7,043) |
|---|
| 11,138 | (7,853) | 12,612 | (9,079) |
|---|
Movements in impairment of trade and other receivables are shown in Note 16. Impairment provisions are used to record impairment losses unless the Group and Scottish Enterprise is satisfied that no recovery of the amount owing is possible; at that point the amount is considered irrecoverable and is written off directly against the financial asset.
Market risk is the risk that market prices such as interest rates, foreign exchange rates and equity prices will affect income or the value of holdings in financial instruments.
At the date of the Statement of Financial Position the market risk of Scottish Enterprise's interest-bearing financial instruments was:
| GROUP | SCOTTISH ENTERPRISE |
| 2026 | 2025 | 2026 | 2025 |
|---|
| £000 | £000 | £000 | £000 |
| Fixed rate instruments | | |
| Financial assets | 102,961 | 106,634 | 102,961 | 106,634 |
| Financial liabilities | - | - | - | - |
| 102,961 | 106,634 | 102,961 | 106,634 |
| Variable rate instruments | | |
| Cash and cash equivalents | 175,645 | 170,160 | 173,635 | 167,637 |
| 175,645 | 170,160 | 173,635 | 167,637 |