v3.26.1
Trade and other receivables (Tables)
12 Months Ended
Dec. 31, 2025
Trade and other receivables .  
Schedule of trade and other receivables

​

​

​

​

​

​

​

  ​

2025

​

2024

​

  ​ ​ ​

$ million

  ​ ​ ​

$ million

Current

​

​

​

​

Trade receivables

​

1,200

​

1,100

Less: loss allowance

​

(44)

​

(41)

Trade receivables – net

​

1,156

​

1,059

Derivatives1

​

20

​

47

Other receivables2

​

138

​

148

Prepayments

​

99

​

127

​

​

1,413

​

1,381

Non-current

​

​

​

​

Derivatives1

​

26

​

11

Investments relating to deferred compensation arrangements

​

109

​

–

Other non-current assets

​

29

​

13

​

​

164

​

24

1Refer to note 16.6 for details of derivatives.
2Other receivables include deposits, rebates, finance lease receivables and other items of a similar nature.
Schedule of trade receivables - net

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2025 Weighted
average loss
rate

​

2025 Loss
allowance

​

2025 Gross
carrying
amount

​

2024 Weighted
average loss
rate

​

2024 Loss
allowance

​

2024 Gross
carrying
amount

​

  ​ ​ ​

%

  ​ ​ ​

$ million

  ​ ​ ​

$ million

  ​ ​ ​

%

  ​ ​ ​

$ million

  ​ ​ ​

$ million

Not past due

​

-0.8%

​

(8)

​

949

​

-0.8%

​

(7)

​

860

Past due not more than 3 months

​

-0.6%

​

(1)

​

169

​

-0.6%

​

(1)

​

154

Past due more than 3 months

​

-9.7%

​

(3)

​

31

​

-7.7%

​

(2)

​

26

Past due more than 6 months

​

-62.7%

​

(32)

​

51

​

-51.7%

​

(31)

​

60

​

​

​

​

(44)

​

1,200

​

​

​

(41)

​

1,100

Loss allowance

​

​

​

​

​

(44)

​

​

​

​

​

(41)

Trade receivables – net

​

​

​

​

​

1,156

​

​

​

​

​

1,059

Schedule of movements in loss allowance

​

​

​

​

​

​

​

​

​

  ​

2025

​

2024

  ​

2023

​

  ​ ​ ​

$ million

​

$ million

  ​ ​ ​

$ million

At 1 January

 

41

​

45

 

49

Exchange adjustment

 

2

​

(2)

 

1

Net receivables provided during the year

 

12

​

1

 

3

Utilisation of provision

 

(11)

​

(3)

 

(8)

At 31 December

 

44

​

41

 

45

Schedule of trade receivables denominated by currency

​

​

​

​

​

​

​

  ​

2025

  ​

2024

​

  ​ ​ ​

$ million

  ​ ​ ​

$ million

US Dollar

​

502

 

518

Sterling

​

38

 

36

Euro

​

253

 

207

Other

​

363

 

298

Trade receivables – net

​

1,156

 

1,059

​