Euronav NV | CIK:0001604481 | 3

  • Filed: 4/17/2018
  • Entity registrant name: Euronav NV (CIK: 0001604481)
  • Generator: Workiva (WebFilings)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1604481/000160448118000007/0001604481-18-000007-index.htm
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    • ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory

    Non-current receivables
    (in thousands of USD)
     
    December 31, 2017
     
    December 31, 2016
    Shareholders loans to joint ventures
     
    159,733

     
    183,348

    Other non-current receivables
     
    618

     
    565

    Investment
     
    1

     
    1

    Total non-current receivables
     
    160,352

     
    183,914


    The shareholders loans to joint ventures as of December 31, 2017 and December 31, 2016 did not bear interest.
    Please refer to Note 25 for more information on the shareholders loans to joint ventures.
    The maturity date of the non-current receivables is as follows:
    (in thousands of USD)
     
    December 31, 2017
     
    December 31, 2016
    Receivable:
     
    —

     
    —

    Between one and two years
     
    —

     
    —

    Between two and three years
     
    —

     
    —

    Between three and four years
     
    —

     
    —

    Between four and five years
     
    —

     
    —

    More than five years
     
    160,352

     
    183,914

    Total non-current receivables
     
    160,352

     
    183,914

    Trade and other receivables - current
    (in thousands of USD)
     
    December 31, 2017
     
    December 31, 2016
    Trade receivables
     
    32,758

     
    38,695

    Accrued income
     
    12,465

     
    10,966

    Accrued interest
     
    52

     
    33

    Deferred charges
     
    24,797

     
    21,149

    Other receivables
     
    66,725

     
    95,499

    Total trade and other receivables
     
    136,797

     
    166,342


    The decrease in other receivables relates to income to be received by the Group from the Tankers International Pool. These amounts decreased in 2017 due to overall declining freight market conditions.
    For currency and credit risk, we refer to Note 18.