20. | Receivables from financial services |
31 December 2017 |
31 December 2016 |
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Current receivables from financial services |
2,950,523 | 1,486,906 | ||||||
Non-current receivables from financial services |
1,297,597 | 909,466 | ||||||
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4,248,120 | 2,396,372 | |||||||
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Movements in provision for impairment of receivables from financial services are disclosed in Note 33.
Starting from 2016 the Group and its distributors have offered handset campaigns where subscribers can buy handsets using loans placed by Turkcell Finansman. The Group assumes credit risk in these transactions. Turkcell Finansman collects the loan from the subscriber during the contract period and does not recognize handset revenue since it is not acting as principal in the handset sale.