6.18 Trade and other receivables

x € 1,000

31 December 2022

31 December 2021

Trade receivables

201,113

136,763

Amounts still to be invoiced on concluded projects

15,140

9,385

Receivables from joint operations

9,383

8,764

Prepayments

5,847

8,005

Other receivables

7,884

15,649

Total trade and other receivables

239,367

178,566

Trade and other receivables are presented after deduction of impairment losses. No material impairment losses have been deducted from the amounts still to be invoiced on concluded projects. The write-down for expected bad debts is recognised in the statement of profit or loss under administrative expenses. At year-end 2022, a provision of €0.6 million was formed for impairment of trade receivables (2021: €4.1 million). For an analysis of the movements in this provision, see note 6.26 'Financial risks and risk management'.

Trade and other receivables are mainly short-term.

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