20.

Trade and other receivables

NON-CURRENT TRADE AND OTHER RECEIVABLES


Million US dollar	2018		2017
Cash deposits for guarantees		197		209
Loans to customers		45		13
Deferred collection on disposals		53		11
Tax receivable, other than income tax		139		68
Trade and other receivables		335		533

		769		834

For the nature of cash deposits for guarantees see Note 31 Collateral and contractual commitments for the acquisition of property, plant and equipment, loans to customers and other.

CURRENT TRADE AND OTHER RECEIVABLES


Million US dollar	2018		2017
Trade receivables and accrued income		4 412		4 752
Interest receivable		19		6
Tax receivable, other than income tax		378		368
Loans to customers		143		166
Prepaid expenses		329		428
Other receivables		1 094		846

		6 375		6 566

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 2018 and 2017 respectively:


	Net carrying amount as of 31 December 2018		Of which: neither impaired nor past due on the reporting date		Of which not impaired as of the reporting date and past due
	Net carrying amount as of 31 December 2018				Less than 30 days		Between 30 and 59 days		Between 60 and 89 days		More than 90 days
Trade receivables and accrued income		4 412		4 092		239		52		20		9
Loans to customers		188		176		4		5		3		—
Interest receivable		19		19		—		—		—		—
Other receivables		1 094		1 051		13		26		4		—

		5 713		5 338		256		83		27		9


	Net carrying amount as of 31 December 2017		Of which: neither impaired nor past due on the reporting date		Of which not impaired as of the reporting date and past due
	Net carrying amount as of 31 December 2017				Less than 30 days		Between 30 and 59 days		Between 60 and 89 days		More than 90 days
Trade receivables and accrued income		4 752		4 369		265		47		40		31
Loans to customers		179		179		—		—		—		—
Interest receivable		6		6		—		—		—		—
Other receivables		846		803		19		6		14		4

		5 783		5 357		284		53		54		35

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 or AB InBev has sufficient collateral. Impairment losses on trade and other receivables recognized in 2018 amount to 43m US dollar (2017: 59m US dollar; 2016: 40m US dollar).

AB InBev’s exposure to credit, currency and interest rate risks is disclosed in Note 29 Risks arising from financial instruments.