Trade and other receivables

12 Months Ended

Dec. 31, 2021

8	Trade and other receivables


	2021			2020
(in $ millions)	$			$
Current
Trade receivables		117			124
Less: Loss allowance (see Note 25)		(22	)		(40	)
		95			84
Loans and advances		118			40
Less: Loss allowance (see Note 25)		(11	)		(9	)
		107			31
Payment cycle receivables		71			69
Less: Loss allowance		(18	)		(12	)
		53			57
		255			172

i)	Trade receivables

Trade receivables mainly comprise amounts due from driver-partners and merchant-partners under the Deliveries and Mobility segments respectively. They are generally due for settlement within 30 days and therefore are all classified as current.

ii)	Loans and advances

These financial assets are term loans provided to driver-partners, merchant-partners and consumers. They are generally due for settlement within 12 months and therefore are all classified as current.

iii)	Payment cycle receivables

Amounts receivable as part of a payment settlement cycle that may involve consumers, merchant-partners and driver-partners to be settled typically within 4 days.

iv)	Financial risk management

The exposure of trade and other receivables to relevant financial risks (credit, currency and interest rate risk) is disclosed in Note 25.