AB InBev Financial Results
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 2022 and 2021 respectively:
Net carrying
amount as of
31 December
2022
Of which:
neither
impaired nor
past due on
the reporting
date
Of which not impaired as of the reporting
date and past due
Less than
Between 30
30 days
and 59 days
Between 60 More than 90
and 89 days
days
Trade receivables and accrued
income
Loans to customers
Interest receivable
Other receivables
Trade receivables and accrued
income
Loans to customers
Interest receivable
Other receivables
3 637
3418
151
41
24
4
81
78
1
1
1
67
67
-
702
684
11
4
3
4 487
4 247
162
46
28
4
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
Less than
Between 30
30 days
and 59 days
Between 60 More than 90
and 89 days
days
3 465
3 223
164
62
11
5
117
18
521
4 120
83
2
2
31
18
-
-
513
3 836
2
167
1
2
65
44
3
8
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 the year ended 31 December 2022
amount to 38m US dollar (2021: 36m US dollar).
AB InBev's exposure to credit, currency and interest rate risks is disclosed in Note 27 Risks arising from financial
instruments.
20. Cash and cash equivalents and investment securities
Million US dollar
Short-term bank deposits
Cash and bank accounts
Treasury Bills
Cash and cash equivalents
31 December 2022
31 December 2021
4 685
5 288
6 542
4 505
1 050
9 973
12 097
Bank overdrafts
Cash and cash equivalents in the statement of cash flows
(83)
9 890
(53)
12 043
The company's investment in Treasury Bills as at 31 December 2021 was to facilitate liquidity and for capital preservation.
The cash outstanding as at 31 December 2022 includes restricted cash for an amount of 73m US dollar (31 December
2021: 78m US dollar). This restricted cash relates to an outstanding consideration payable to former Anheuser-Busch
shareholders that have not yet claimed the proceeds from the 2008 combination (1m US dollar) and amounts deposited
on a blocked account in respect to the state aid investigation into the Belgian excess profit ruling system (72m US dollar).
61View entire presentation