Trade and other receivables (Tables)

12 Months Ended

Dec. 31, 2022

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Summary of Trade and Other Receivables

All figures in £ millions	2022		2021
Current
Trade receivables		824		853
Royalty advances		1		2
Prepayments		200		198
Investment in finance lease receivable		17		15
Accrued income		15		14
Other receivables		82		175
		1,139		1,257
Non-current
Trade receivables		1		1
Royalty advances		5		5
Prepayments		12		10
Investment in finance lease receivable		104		100
Accrued income		2		1
Interest receivable		3		8
Other receivables		12		4
		139		129

Summary of Movements on Provision for Bad and Doubtful Debts

The movements in the provision for bad and doubtful debts are as follows:

All figures in £ millions	2022			2021
At beginning of year		(63	)		(74	)
Exchange differences		(3	)		–
Income statement movements		(18	)		(15	)
Utilised		12			26
Disposal of subsidiary		3			–
At end of year		(69	)		(63	)

Summary of Ageing of Group's Trade Receivables

The ageing of the Group’s gross trade receivables is as follows:

All figures in £ millions	2022		2021
Within due date and one month past due date		663		766
One to three months past due date		118		58
Three to six months past due date		25		20
Six to nine months past due date		14		13
Nine to 12 months past due date		14		5
More than 12 months past due date		60		55
Gross trade receivables		894		917