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Trade and other receivables
9 Months Ended
Sep. 30, 2022
Trade and other receivables [Abstract]  
Trade and other receivables
Note 12. - Trade and other receivables

Trade and other receivables as of September 30, 2022 and December 31, 2021, consist of the following:

   
Balance as of
September 30,
   
Balance as of
December 31,
 
   
2022
   
2021
 
   
($ in thousands)
 
Trade receivables
   
158,611
     
227,343
 
Tax receivables
   
39,700
     
59,350
 
Prepayments
   
24,054
     
9,342
 
Other accounts receivable
   
8,351
     
11,108
 
Total
   
230,716
     
307,143
 

The decrease in trade receivables is primarily due to payments received from CNMC in the solar assets of the Company in Spain and from Pemex in ACT.

The increase in prepayments is primarily due to the timing of insurance payments.

As of September 30, 2022, and December 31, 2021, the fair value of trade and other receivables accounts does not differ significantly from its carrying value.