Net exchange rate gains/(losses)

12 Months Ended

Dec. 31, 2023

Disclosure Of Net Exchange Rate Gains Losses [Abstract]

38 Net exchange rate gains/(losses)

Net exchange rate gains/(losses) are analysed as follows:


	2023			2022			2021
Net realised gains/(losses) on derivative instruments		1,251			(1,663	)		(1,428	)
Net realised gains/(losses) on trade receivables and payables		(422	)		530			4,612
Total net realised gains/(losses) (a)		829			(1,133	)		3,184
Net unrealised gains/(losses) on derivative instruments		(746	)		1,454			(454	)
Net unrealised gains/(losses) on trade receivables and payables		142			2,286			(144	)
Net unrealised gains/(losses) on non-monetary assets		(369	)		(179	)		(720	)
Total net unrealised gains/(losses) (b)		(973	)		3,561			(1,318	)
Total realised and unrealised exchange rate gains/(losses) (a+b)		(144	)		2,428			1,866

“Net unrealised gains/(losses) on non-monetary assets” refers to the remeasurement of non-monetary assets of the subsidiary Italsofa Romania , since such entity has the same functional currency as the Parent, namely the Euro (see note 4(c)(ii)).