Net exchange rate gains/(losses)

12 Months Ended

Dec. 31, 2024

Disclosure Of Net Exchange Rate Gains Losses [Abstract]

40. Net exchange rate gains/(losses)

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


	2024			2023			2022
Net realised gains/(losses) on derivative instruments		(196	)		1,251			(1,663	)
Net realised gains/(losses) on trade receivables and payables		424			(422	)		530
Total net realised gains/(losses) (a)		228			829			(1,133	)
Net unrealised gains/(losses) on derivative instruments		(438	)		(746	)		1,454
Net unrealised gains/(losses) on trade receivables and payables		1,006			142			2,286
Net unrealised gains/(losses) on non-monetary assets		(242	)		(369	)		(179	)
Total net unrealised gains/(losses) (b)		326			(973	)		3,561
Total realised and unrealised exchange rate gains/(losses) (a+b)		554			(144	)		2,428

“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)).