DSM Integrated Annual Report 2022

13 Current receivables

 

 

2022

 

2021

 

 

 

 

 

Trade receivables

 

 

 

 

Trade accounts receivable

 

1,306

 

1,391

Other trade receivables

 

182

 

190

Deferred items

 

31

 

34

Receivables from associates

 

1

 

12

 

 

1,520

 

1,627

 

 

 

 

 

Expected credit loss

 

(12)

 

(23)

Total Trade receivables

 

1,508

 

1,604

 

 

 

 

 

Income tax receivable

 

36

 

61

 

 

 

 

 

Other current receivables

 

 

 

-

Other taxes and social security contributions

 

23

 

20

Employee-related receivables

 

3

 

2

Acquisition-/disposal-related receivables

 

7

 

2

Loans

 

24

 

-

Other receivables

 

9

 

3

Deferred items

 

12

 

5

Total Other current receivables

 

78

 

32

 

 

 

 

 

Total current receivables

 

1,622

 

1,697

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 €43 million (2021: €39 million) in prepaid expenses that include advance payments for any expenditure that would have otherwise been made during the next 12 months.