16 | Receivables

in TUSD 31 Dec 2021 31 Dec 2020
Receivables from the sale of rights
Due from third parties 363,891 393,855
Provision for bad debts -7,260 -16,505
Total receivables from the sale of rights 356,631 377,350
Other receivables
Due from member associations and confederations 17,295 14,612
Due from related parties 3 20
Due from third parties 25,133 25,498
Provision for bad debts -77 -77
Total other receivables 42,354 40,053
Total receivables, net 398,985 417,403

The majority of the open receivables from the sale of rights relate to contractual payments from broadcasters and sponsors. FIFA receives payments from customers based on a billing schedule, as established in the contracts with customers. Account receivables are unconditional, as the instalments are non-cancellable and non-refundable once received.

Provisions for bad debts

in TUSD 2021 2020
Balance as at 1 January 16,581 16,147
Use/release -9,411 -338
Additions 186 759
Foreign exchange effect -19 13
Balance as at 31 December 7,337 16,581

Additions to bad debt provisions are related to an impairment of overdue trade receivables from contracts with customers.

Ageing analysis of receivables

in TUSD 31 Dec 2021 31 Dec 2020
Not due 365,779 238,447
Overdue – less than 30 days 17,412 22,752
Overdue – less than 60 days 977 127
Overdue – more than 60 days 22,154 172,658
Total receivables 406,322 433,984