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Investor Presentaiton

En+ GROUP FINANCIAL STATEMENTS (b) Trade and other receivables and advances paid Trade receivables from third parties Trade receivables from related parties, including Related parties - companies capable of exerting significant influence Related parties - other Related parties associates and joint ventures VAT recoverable Advances paid to third parties Advances paid to related parties, including Related parties - companies capable of exerting significant influence Related parties - associates and joint ventures Other receivables from third parties Other taxes receivable Income tax receivable Dividends receivable from related parties Related parties-associates and joint ventures Other current assets Impairment of receivables EN+ GROUP IPJSC Notes to the Consolidated Financial Statements for the year ended 31 December 2021 En+ Group Annual Report 2021 EN+ GROUP IPJSC Notes to the Consolidated Financial Statements for the year ended 31 December 2021 31 December 2021 USD million 2020 USD million 949 126 419 137 109 T་ྲ S ཎྜ ༄ ཌ ཝ 109 171 610 63 Trade receivables are on average due within 60 days from the date of billing. The receivables that are neither past due nor impaired (i.e. current) relate to a wide range of customers for whom there was no recent history of default. The Group has concluded that there is no material impact of COVID-19 related matters described in note 1(e) on the expected credit losses assessment as at 31 December 2021. Further details of the Group's credit policy are set out in note 20(e). 105 50 2 2 (c) Trade and other payables and advances received 19 11 364 120 67 Accounts payable to third parties 1 66 Accounts payable to related parties, including Related parties - companies capable of exerting significant influence 19 224 30 18 21 827 827 9 8 2,784 1,507 (129) (76) Income tax payable Other taxes payable All of the trade and other payables are expected to be settled or recognised as income within one year or are repayable on demand. 2,655 1,431 (d) Cash and cash equivalents Related parties associates and joint ventures Advances received from third parties Other payables and accrued liabilities 31 December 2021 USD million 2020 USD million 896 687 103 52 6 3 97 49 1,163 903 267 224 62 28 315 262 2,806 2,156 31 December (i) Ageing analysis Included in trade and other receivables are trade receivables (net of allowance for doubtful debts) with the following ageing analysis as of the statement of financial position dates: 2021 USD million 2020 USD million Bank balances, USD 549 1,027 Bank balances, RUB 402 METALS Bank balances, EUR 85 701 109 Bank balances, other currencies 75 33 31 December Short-term bank deposits 1,213 679 2021 2020 Other cash equivalents 4 USD million USD million Cash and cash equivalents in the consolidated statement Current Past due 1-30 days Past due 31-60 days Past due 61-90 days Past due over 90 days Amounts past due 833 372 of cash flows 16 77 Restricted cash 2,328 2 2,549 13 2 1 1 Cash and cash equivalents in the consolidated statement of financial position 2,330 2,562 11 11 28 91 As at 31 December 2021 and 31 December 2020 included in cash and cash equivalents was restricted cash of USD 2 million and USD 13 million, respectively. 861 463 (e) Other non-current assets 186 POWER Current Past due 1-30 days Past due 31-60 days Past due 61-90 days Past due 91-180 days Past due over 180 days Amounts past due 31 December 2021 2020 USD million USD million 160 146 11 14 6 6 4 6 7 6 3 1 31 33 191 179 Long-term deposits Prepayment for subsidiary acquisition Other non-current assets 31 December 2021 31 December 2020 USD million USD million 139 73 111 46 22 258 133 In September 2020 the Group obtained control of PGLZ LLC by acquiring 99.9% of its shares. The Group has determined that together the acquired inputs and processes significantly contribute to the ability to create revenue and has concluded that the acquired set is a business. Total consideration paid amounted to USD 71 million and was paid in cash as at 1 January 2020. Fair value of acquired assets and liabilities amounted to USD 24 million from which USD 21 million related to property, plant and equipment. STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENTS Appendices 187
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