|
2017 €m |
2016 €m |
|||||||
|
Current |
||||||||
|
Trade receivables |
2,456 | 2,773 | ||||||
|
Amounts receivable in respect of construction contracts (i) |
773 | 792 | ||||||
|
Total trade receivables, gross |
3,229 | 3,565 | ||||||
|
Provision for impairment |
(131) | (152) | ||||||
|
Total trade receivables, net |
3,098 | 3,413 | ||||||
|
Amounts receivable from equity accounted investments |
8 | 9 | ||||||
|
Prepayments and other receivables |
524 | 557 | ||||||
|
Total |
3,630 | 3,979 | ||||||
|
Non-current |
||||||||
|
Other receivables |
156 | 212 | ||||||
The carrying amounts of current and non-current trade and other receivables approximate their fair value largely due to the short-term maturities and nature of these instruments.
| (i) | Includes unbilled revenue and retentions held by customers in respect of construction contracts at the balance sheet date amounting to €176 million and €154 million respectively (2016: €149 million and €167 million respectively). |