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Other financial assets (Tables)

12 Months Ended

Dec. 31, 2023

Other financial assets

Schedule of other financial assets

	December 31, 2023						December 31, 2022
(€ million)	Current			Non-current			Current			Non-current
Long-term financing receivables held for operating purposes	34			2,240			11			1,911
Short-term financing receivables held for operating purposes	7						8
	41			2,240			19			1,911
Financing receivables held for non-operating purposes	855						1,485
	896			2,240			1,504			1,911
Securities held for operating purposes				61						56
	896			2,301			1,504			1,967

Schedule of financial receivables net of allowance for doubtful accounts

(€ million)	2023			2022
Carrying amount at the beginning of the year	391			403
Additions	15			13
Deductions	(9	)		(43	)
Currency translation differences	(13	)		21
Other changes	(1	)		(3	)
Carrying amount at the end of the year	383			391

Schedule of securities per issuing entity

Amortized cost
(€ million)

Nominal value
(€ million)

Fair Value
(€ million)

Nominal rate of return (%)

Maturity date

Rating - Moody's

Rating - S&P

Sovereign states

Fixed rate bonds

Italy

19

19

17

from 0 to 2.65

from 2024 to 2031

Baa3

BBB

Others (*)

25

25

25

from 0.1 to 5.0

from 2024 to 2027

from Aa1 to Baa2

from AA+ to BBB-

Floating rate bonds

Italy

12

12

12

from 4.62 to 5.07

from 2024 to 2026

Baa3

BBB

Total sovereign states

56

56

54

Other financial institutions

European Bank of Investments

5

5

5

3.98

from 2023 to 2024

Aaa

AAA

Total

61

61

59

(*) Amounts included herein are lower than €10 million.