DSM Integrated Annual Report 2020

13 Current receivables

 

 

2020

 

2019

 

 

 

 

 

Trade receivables

 

 

 

 

Trade accounts receivable

 

1,183

 

1,354

Other trade receivables

 

180

 

202

Deferred items

 

45

 

43

Receivables from associates

 

11

 

10

 

 

1,419

 

1,609

 

 

 

 

 

Expected credit loss

 

(28)

 

(17)

Total Trade receivables

 

1,391

 

1,592

 

 

 

 

 

Income tax receivable

 

35

 

61

 

 

 

 

 

Other current receivables

 

 

 

 

Other taxes and social security contributions

 

28

 

31

Employee-related receivables

 

2

 

5

Acquisition-/disposal-related receivables

 

4

 

3

Loans

 

16

 

-

Other receivables

 

7

 

4

Deferred items

 

5

 

2

Total Other current receivables

 

62

 

45

 

 

 

 

 

Total current receivables

 

1,488

 

1,698

Information about the expected credit loss that relates to trade accounts receivable resulting in a value adjustment is included under Credit risk in Note 23.

Deferred items comprised €50 million (2019: €45 million) in prepaid expenses that include advance payments for any expenditure that would have otherwise been made during the next 12 months.