14 Receivables

14 Receivables
CHF million 31 Dec 2008 31 Dec 2009
Trade receivables 1,531 1,887
Prepayments to suppliers 92 64
Unbilled revenue 192 179
Other receivables 291 342
Total 2,106 2,472
     

Trade receivables from customers who are also suppliers are offset against the respective trade payables where netting agreements with the counterparties are in place. Receivables and payables offset under netting agreements amounted to CHF2,340million (2008: CHF1,170million).

Unbilled revenue related to construction contracts is reported as follows by reference to the stage of completion, less advances received:

CHF million 31 Dec 2008 31 Dec 2009
Unbilled revenue (gross) 361 789
Advances received from customers – 169 – 610
Unbilled revenue (net) 192 179