DSM Integrated Annual Report 2021

13 Current receivables

 

 

2021

 

2020

 

 

 

 

 

Trade receivables

 

 

 

 

Trade accounts receivable

 

1,391

 

1,183

Other trade receivables

 

189

 

180

Deferred items

 

34

 

45

Receivables from associates

 

12

 

11

 

 

1,626

 

1,419

 

 

 

 

 

Expected credit loss

 

(23)

 

(28)

Total Trade receivables

 

1,603

 

1,391

 

 

 

 

 

Income tax receivable

 

61

 

32

 

 

 

 

 

Other current receivables

 

 

 

 

Other taxes and social security contributions

 

20

 

26

Employee-related receivables

 

-

 

2

Acquisition-/disposal-related receivables

 

2

 

4

Loans

 

-

 

16

Other receivables

 

5

 

7

Deferred items

 

5

 

5

Total Other current receivables

 

32

 

60

 

 

 

 

 

Total current receivables

 

1,696

 

1,483

Information about the expected credit loss that relates to trade accounts receivable resulting in a loss allowance is included under Credit risk in Note 23 Financial instruments and risks.

Deferred items comprised €39 million (2020: €50 million) in prepaid expenses that include advance payments for any expenditure that would have otherwise been made during the next 12 months.