
Million US dollar	31 December 2021		31 December 2020
Cash deposits for guarantees		168		184
Loans to customers		17		25
Tax receivable, other than income tax		116		99
Brazilian tax credits and interest receivables		960		997
Trade and other receivables		319		357

Non-current trade and other receivables		1 580		1 661

Trade receivables and accrued income		3 465		3 284
Interest receivables		18		4
Tax receivable, other than income tax		593		552
Loans to customers		99		117
Prepaid expenses		350		354
Other receivables		521		522

Current trade and other receivables		5 046		4 833

Ambev’s tax credits and interest receivables are expected to be collected over a period exceeding 12 months after the reporting date. As of 31 December 2021, the total amount of such credits and interest receivables represented 960m US dollar (31 December 2020: 997m US dollar). Refer to Note 7

Other operating income/(expenses)

and Note 11

Finance cost and income

for more details.

The carrying amount of trade and other receivables is a good approximation of their fair value as the impact of discounting is not significant. The ageing of the current trade receivables and accrued income, interest receivable, other receivables and current and

non-current

loans to customers can be detailed as follows for 2021 and 2020 respectively:


	Net carrying amount as of 31 December 2021		Of which: neither impaired nor past due on the reporting date		Of which not impaired as of the reporting date and past due
	Net carrying amount as of 31 December 2021				Less than 30 days		Between 30 and 59 days		Between 60 and 89 days		More than 90 days
Trade receivables and accrued income		3 465		3 223		164		62		11		5
Loans to customers		117		83		2		2		31		—
Interest receivable		18		18		—		—		—		—
Other receivables		521		513		2		1		2		3
		4 120		3 836		167		65		44		8


	Net carrying amount as of 31 December 2020		Of which: neither impaired nor past due on the reporting date		Of which not impaired as of the reporting date and past due
	Net carrying amount as of 31 December 2020				Less than 30 days		Between 30 and 59 days		Between 60 and 89 days		More than 90 days
Trade receivables and accrued income		3 285		3 074		155		37		10		8
Loans to customers		142		86		3		2		50		—
Interest receivable		4		4		—		—		—		—
Other receivables		522		416		2		16		5		83

		3 953		3 580		161		55		66		91

The above analysis of the age of financial assets that are past due as at the reporting date but not impaired also includes

non-current

loans to customers. Past due amounts were not impaired when collection is still considered likely, for instance because the amounts can be recovered from the tax authorities, AB InBev has sufficient collateral, or the customer entered into a payment plan. Impairment losses on trade and other receivables recognized in 2021 amount to 36m US dollar (2020: 99m US dollar; 2019: 51m US dollar). The impairment loss recognized in 2020 included AB InBev’s estimate of overdue receivables the company would not be able to collect from defaulting customers as a result of the

COVID-19

pandemic.

AB InBev’s exposure to credit, currency and interest rate risks is disclosed in Note 28

Risks arising from financial instruments