x € 1,000
|
31 December 2023 |
31 December 2022 |
|
|
Trade receivables |
196,186 |
201,113 |
|
Amounts still to be invoiced on concluded projects |
11,520 |
15,140 |
|
Receivables from joint operations |
7,529 |
9,383 |
|
Prepayments |
9,364 |
5,847 |
|
Other receivables |
4,627 |
7,884 |
|
Total trade and other receivables |
229,226 |
239,367 |
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 2023, the Group set aside a provision of € 0.8 million for the impairment of trade receivables (2022: € 0.6 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.