Trade and other payables

12 Months Ended

Dec. 31, 2024

26. Trade and other payables



Million US dollar	31 December 2024		31 December 2023

Indirect taxes payable		93		105
Trade payables		424		256
Deferred consideration on acquisitions		221		308
Other payables		59		69
Non-current trade and other payables		797		738

Trade payables and accrued expenses		16 010		17 729
Payroll and social security payables		1 623		1 439
Indirect taxes payable		2 560		3 149
Interest payable		1 336		1 407
Consigned packaging		1 017		1 041
Dividends payable		767		376
Deferred consideration on acquisitions		69		441
Other payables and deferred income		422		399
Current trade and other payables		23 804		25 981

The company has entered into reverse factoring arrangements with suppliers in the amount of 41m US dollar as at 31 December 2024, mostly due to legal requirements (31 December 2023: 102m US dollar). The nature, as well as the terms and conditions of the liabilities that are part of these arrangements do not differ from those of the company’s normal trade payables. As a result, these are presented as part of Trade and other payables in accordance with IAS 1

Presentation of financial statements

As at 31 December 2024, deferred consideration on acquisitions is mainly comprised of 0.2 billion US dollar for the put option included in the 2012 shareholders’ agreement between Ambev and E. León Jimenes S.A. (“ELJ”), which may result in Ambev acquiring additional shares in Cervecería Nacional Dominicana S.A. (“CND”) (31 December 2023: 0.6 billion US dollar). See also Note 27

Risk arising from financial instrument

and

Note 28

Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other