DSM Integrated Annual Report 2022

5 Receivables

 

 

2022

 

2021

 

 

 

 

 

Receivables from subsidiaries

 

13

 

58

Other receivables

 

38

 

19

Total

 

51

 

77

The carrying values of the receivables are a reasonable approximation of their respective fair values, given the short maturities of the positions and the fact that allowances for doubtful debts have been recognized, if necessary. All receivables have an estimated maturity shorter than one year.

The Receivables from subsidiaries of €13 million (2021: €58 million) mainly include receivables relating to the Dutch fiscal unity. Other receivables €38 million (2021: €19 million) mainly consist of VAT and other tax receivables and prepaid expenses.