Other operating income/(expenses)

12 Months Ended

Dec. 31, 2023

Text block [abstract]

Other operating income/(expenses)

7.  Other operating income/(expenses)

Million US dollar	2023		2022		2021
Brazilian tax credits		44		201		226
Government grants		374		311		322
Net gain on disposal of property, plant and equipment, intangible assets and assets held for sale		73		82		65
License income		31		27		25
Net rental and other operating income		256		220		167
Other operating income/(expenses)		778		841		805

 

In 2023, Ambev, a subsidiary of AB InBev, recognized 44m US dollar income in Other operating income related to tax credits (2022: 201m US dollar, 2021: 226m US dollar). Additionally, in 2023, Ambev recognized 168m US dollar (2022: 168m US dollar, 2021: 118m US dollar) of interest income on tax credits in Finance income (refer to Note 11 Finance cost and income).

The income from government grants primarily relate to fiscal incentives given by certain Brazilian states and Chinese provinces, based on the company’s operations and developments in those regions.