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Other current financial receivables
 12 Months Ended
Dec. 31, 2024
Trade and other current receivables [abstract]  
Other current financial receivables

17. Other current financial receivables

Other current financial receivables are analysed as follows:

 

Other current financial receivables

 

31/12/24

 

 

31/12/23

 

Short-term borrowings

 

 

1,348

 

 

 

—

 

Total

 

 

1,348

 

 

 

—

 

In 2024, the Board of Directors of a subsidiary, in light of its liquidity position, approved the granting of a renewable annual loan to the minority shareholder, Truong Thanh Furniture Corporation (“TTF”), upon request. The loan carries an interest rate of LIBOR USD 1M - 0.25%, aligned with the yield of the Time Deposit in which the same subsidiary invested its excess liquidity. See note 45.